1. Explain both the role of logistics and how the common modes of transportation impact supply, along with a description and some pros and cons.
2. Explain how suppliers establish a price in a cost and market approach for customers. Further, what is the solution to correcting both of these if they are not the best approach?
3. Articulate the legal reasons we have procurement as a functional group within an organization, Further, define who is allowed to buy or enter into an agreement, and under what circumstances.