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Scope and Influence of Procurement and Supply

Last Update Dec 26, 2024
Total Questions : 40 With Methodical Explanation

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Scope and Influence of Procurement and Supply Questions and Answers

Questions 1

What is meant by a structured procurement process? (10 marks) Why is this important? (15 marks).

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Questions 2

Describe what is meant by the 5 Rights of Procurement (25 points)

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Questions 3

It is important for an organisation to balance achieving Added Value and ensuring processes are compliant. Explain the consequences of focusing on one area over the other and how an organisation can achieve both in its procurement activities (25 points).

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