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Principles Of Purchasing B(Pscm 210) Question Paper

Principles Of Purchasing B(Pscm 210)

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
You are a consultant involved in delivery of training services to multinational firms in Kenya. Explain some of the documents specific to procurement of services that will be involved in the transactions. (10mks)
Explain any five factors an organization must consider before outsourcing.
(10mks)
Briefly explain some of the ethical practices a procurement entity must exhibit during procurement process.
(10mks)

Question Two
The principle of one of the largest boarding high school in the region, with 1400 students wants to print up a procurement policy that will guide procurement of books, desks, and food stuffs. Briefly explain the components that must be included in the policy document. (20mks)

Question Three
Briefly explain the relationship between procurement and
Marketing function
Production and operations
Research and development
(8mks)
Briefly compare and contrast centralized and decentralized procurement in a typical organization.
(8mks)
Explain the post-ordering phase of procurement.
(4mks)

Question Four
Explain the role of the following technologies and how they could be used in the procurement process.
E-mail
EDI
E-business
ERP
(8mks)
Discuss the possible inefficiencies in a procurement system of an organization and how they can be eliminated.
(12mks)

Question Five
Explain any five criteria for evaluation or appraisal of a vendor that seeks to supply an organization with goods and services.
(10mks)
Explain the meaning of partnership sourcing and its role in procurement system of an organization.
(5mks)
Briefly explain the factors to consider when procuring capital equipments.
(5mks)

Principles Of Purchasing B(Pscm 210) Question Paper

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