Specific Learning Outcomes: $1.$ Explain the most important elements of a purchase order specification

$2.$ Discuss the various methods of contracting out, their advantages and disadvantages.

$3.$ Identify the most important activities that precede the supplier selection decision.

$4.$ Discuss main elements of a purchase contract.

$5.$ Explain the way in which order follow$-$up and expediting can take place.

$6.$ Explain how corporate social responsibility $($CSR$)$ evolved and encompasses economic, legal, ethical, and philanthropic components.

$7.$ Provide business examples of CSR and corporate citizenship.

$8.$ Differentiate between corporate citizenship, social responsibility, responsiveness, and performance.

$9.$ Elaborate on the concept of corporate social performance $($CSP$)$

$10.$ Provide an overview of studies relating social performance to financial performance.

$11.$ Describe the socially responsible investing movement.

$12.$ Why companies outsource part of their business processes.

$13.$ Explain how to structure the process of outsourcing.

$14.$ Identify the most important risks and pitfalls associated with outsourcing.

$15.$ Discuss how to deal with the most important downside risks related outsourcing.

$16.$ Explain the reasons why suppliers do not always think and act in the interest of their customers.

$17.$ Discuss sourcing$-$strategy and contract$-$strategy as basic elements of supply management.

$18.$ Detail the measures that must be taken in order to improve the performance of suppliers.

$19.$ Discuss the steps involved in developing partnership relations with suppliers.