Question 1: Describe why organizations source internationally.
Question 2: Describe the merits and demerits of purchasing used equipment.
Question 3: Describe the concept of life cycle costing.
Question 4: Describe the elements of efficient negotiation by a purchasing manager.
Question 5: Why might prices differ between suppliers?
Question 6:
a) What are wholesalers?
b) What are the functions of wholesalers?
Question 7: What factors will an organization take into account in a ‘make or buy’ decision?
Question 8: What would you expect to see in a well-prepared purchasing manual?