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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

March 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. Enumerate four main purposes of a specification (10 marks)

b) Outline the benefits of purchasing records (10 marks)

2. Highlight the signs of fraud in a company and explain the measures that may be implemented to control them. (20 marks)

3. Explain any five factors that should be considered when selecting the right supplier (10marks)

b) Progressing and expediting of orders is regarded by companies as a non value adding activity and should therefore be avoided. Justify this statement. (10 marks)

4. Explain the challenges facing the implementation of information and communication technology in purchasing function (10 marks)

b) Outline the importance of purchasing function in an organization (10 marks)

5. Purchasing is a pillar in every organization. Highlight the five rights of purchasing in an organization. (20marks)

6. Define the term purchasing procedure (5 marks)

b) Explain the key steps in traditional purchasing procedure in an organization (15 marks)

7. Explain the application of Goods Received Noted (10 marks)

b) Highlight the factors that influence pricing (10 marks)

Principles Of Purchasing Question Paper

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