Assignment: COMPANY PURCHASING
THIS IS 2 SEPERATE ASSIGNMENTS...PLEASE DO NOT COMBINE THEM!
#1 The function of purchasing within an organization has many aspects. One strategic area is the contribution to profit for the company. Summarize the importance of the purchasing functions and how they can contribute to the profitability of a firm. Use examples from the text and/or your professional experience to support your views.
#2 The global marketplace has been impacted by technology recently. Discuss how technology has impacted the legal aspects of the purchasing process. Has technology also affected the ethics of purchasing?