Business

Business

Question1：Procurement vs Purchasing: critically discuss the following statement “procurement and Purchasing are two actions that are performed in relation to goods and services and they are done with differences in their method and approach.” You should explain the similarities and differences between Purchasing and Procurement. Support your answer with relevant theories and practical implications.

Question2)   Green issues has become an important consideration in business. Explain why this is; and critically discuss the impact that the procurement function can have with regards to enabling the business to become more greener. . Support your answer with appropriate examples.

Question3)    Critically discuss and explain the issues/problems encountered with international sourcing.  Support your answer with appropriate examples.

Question4)    Critically discuss how the Procurement function/department supports business         strategy and therefore contribute to corporate performance.  Illustrate with relevant examples.

Question5)    The fundamental question of ‘what business are we in?’ and what business do we want to be in?’  are, in essence major make (do)-or-buy decisions and are at the root of corporate strategy. Using an appropriate example, critically discuss how the procurement function is affected by the decision of what business we want to be in.