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Principles Of Purchasing Question Paper

Principles Of Purchasing

Course:Certificate Course In Management

Institution: Kenya Institute Of Management (Kim) question papers

Exam Year:2010

Certificate course in management

June 2010 Examination

Subject name: Principles of Purchasing

Time: 3 Hours

Instructions
1. Write your index number in the space provided in the answer booklet.
2. Answer any five questions
3. All questions carry equal marks
4. No writing should be done on this question paper
5. Candidates who break KIM examination rules and regulations or commit any malpractice will be Disqualified

1. Define the following concepts
i) Mati\erial management (2 marks)
ii) Logistics management (2 marks)
iii) Supply chain management (2 marks)

b)Outline the objectives of purchasing function and the principal goals (14 marks)

2. Describe the purchasing function and the principal goals (12 marks)

b) Outline four types of records in purchasing department and state the purpose for each. (8 marks)

3. Explain the method you would use to ensure materials purchased by an organization are of the right quality (20 marks)

4. Outline thefactors you would consider before buyig from international market (10 marks)
b) Highlight the benefits that would accrue to an organization for buying from international market. (10 marks)

5. Explain the reasons for the
a) Make decision in an organization (5 marks)
b) Buy decision in an organization (5 marks)
c) Outline five methods used by companies to buy small value items (10 marks)

6. Explain the reasons for holding inventory (10 marks)

b) Outline the costs associated with holding of inventory ( 10 marks)

7. Highlight the different forms of corruption (8 marks)

b) Recommend the measures to be undertaken to minimize corrupt practices (12 marks)

Principles Of Purchasing Question Paper

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