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Pscm 210: Principles Of Purchasing Question Paper

Pscm 210: Principles Of Purchasing

Course:Bachelor Of Business Administration

Institution: Kenya Methodist University question papers

Exam Year:2012

KENYA METHODIST UNIVERSITY
END OF 3RD TRIMESTER 2012(EVENING) EXAMINATIONS

SCHOOL: BUSINESS AND ECONOMICS
DEPARTMENT: ACCOUNTING, FINANCE AND INVESTMENTS
UNIT CODE: PSCM 210
UNIT TITLE: PRINCIPLES OF PURCHASING
TIME: 2 HOURS

Instructions: Answer question one and any other two questions
Question one
a) Demonstrate the purchasing process which certain documentations follow from inception of the need to the actual payment justify each document. (10 marks)
b) Write short notes on the following: (10 marks)
i. The identification phase
ii. Purchase specification
iii. Conformance specification
iv. Supplier quotation
v. Procurement
(c) Explain five principles of ethics that govern the purchase function in organization.
(10 marks)
Question Two
a) Technology has played a big role in the development of procurement process. Discuss to what extent this statement is true. (10 marks)
b) Highlight the necessity of tendering process in the purchasing function. (10 marks)

Question three
a) You have made the procurement manager in ABC firm. Discuss the various factors to be considered in supplier evaluation. (7 marks)
b) Explain six reasons why a company would consider sourcing internationally. (7 marks)
c) List six difficulties associated with international sourcing. ( 6 marks)

Question four

a) Outsourcing is unavoidable in many established organization. Discuss this statement. (15 marks)
b) Capital equipment is necessary in organization. Explain. (15 marks)

Question Five
a) Discuss the relevance of negotiation in a purchasing function. Use practical example to support your answer. (10 marks)
b) Explain five benefits of standardization to an organization and product consumers. (10 marks)

Pscm 210: Principles Of Purchasing Question Paper

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