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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:2012

Certificate course in management

September 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. Purchasing function have positive impact on organizational efficiency and profitability. Explain five ways the function could contribute to the impact (10 marks)

b) Highlight five benefits that could accrue to an organization by adopting an outsourcing policy. (10 marks)

2. Explain five methods used in managing purchasing records (10 marks)

b) Identify five activities that are involved in materials management (10 marks)

3. Explain five reasons why institutions undertake quality inspection of goods and services upon delivery (10 marks)

b) Highlight five techniques a manufacturing firm may use in determining the order quantity. (10 marks)

4. Explain five factors a firm must consider when purchasing capital items (10 marks)

b) Identify the activities that are involved in open tendering system (10 marks)

5. Highlight advantages and disadvantages to an organization for adopting a just in time purchasing policy (20 marks)

6. Highlight five advantages of standardizing stock items in an organization (10 marks)

b) Outline five factors a firm should consider before constructing a warehouse
(10 marks)

7. Explain five reasons why purchasing ethics are regarded as complex (10 marks)

b) Outline the procurement code of ethics for an organization (10 marks)

Principles Of Purchasing Question Paper

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