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Principles Of Purchasing B(Pscm 024) Question Paper

Principles Of Purchasing B(Pscm 024)

Course:Accounting, Finance& Investments

Institution: Kenya Methodist University question papers

Exam Year:2013

TIME: 2 HOURS
Instructions:
Answer question one and any other two questions.
Question One
Define negotiations in relation to purchasing.
(2mks)
Differentiate the following terms:
Distributive negotiation.
(2mks)
Collaborative negotiation.
(2mks)
State and explain the principles of professional ethics in purchasing.
(10mks)
Outline and explain the principles of professional ethics in purchasing.
(10mks)

Question Two
What is E.D.I.
(2mks)
Outline four main applications covered by E.D.I
(4mks)
Outline five advantages of E.D.I.
(5mks)
Outline five disadvantages of E.D.I.
(5mks)
Name four E.D.I service providers in the world.
(4mks)

Question Three
Discuss the challenges faced by the purchasing professionals in Kenya and highlight the ethical issues in purchasing. (20mks)

Question Four
List and explain Garvin’s five approaches to defining quality and any five dimensions of quality. (20mks)

Question Five
Explain the 6 R’s of purchasing.
(6mks)
Define the following
Supply management.
(2mks)
Stores management.
(2mks)
State and explain the five objectives of purchasing.
(10mks)

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