Question1. Explain the 5 ‘Rights’ in purchasing.
Question2. Describe the term Purchasing Cycle.
Question3. What considerations must be given for the selection of right supplier?
Question4. What do you understand by the term procurement of services?
Question5. Give ten illustrations of services procured by organizations.
Question6. What are the differentiations between goods and services?
Question7. What factors should be taken in consideration when purchasing from overseas?