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Principles Of Purchasing(Pscm 024)  Question Paper

Principles Of Purchasing(Pscm 024)  

Course:Business Administration

Institution: Kenya Methodist University question papers

Exam Year:2012



TIME: 2 HOURS
INSTRUCTIONS
Answer question one and any other two.
Question One
Discuss the objectives of purchasing function and the principle goal.
(10 Marks)

Outline the factors you would consider before buying from international market.
(6 Marks)

Question Two
Explain the method you would use to make materials purchased by organizations are of right quality.
(10 Marks)

Explain the reasons for holding inventory.
(10 Marks)

Question Three
Highlight the different forms of congestion.
(10 Marks)
Explain the merits and demerits of using the following ICT purchasing:
Electronic data interchange.
Electronic point of sale.
Bar coding.
E-commerce.
E-procurement.
(10 Marks)

Question Four
Outline five methods used by organizations to buy small value items.
(10 Marks)

Outline the costs associated with holding of inventory.
(10 Marks)

Question Five
Outline the types of records in purchasing department and state the purpose of each.
(10 marks)

Clearly describe the purchasing process.
(10 marks)




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