Be sure to properly cite any quotations; your submission
will be reviewed using Turnitin.
Essay responses are to be single-spaced.
ESSAYS Answer the essays. Substantial responses are required
to earn full credit. Responses should include original, analytical thought as
well as support from professional sources (properly cited).
A. You are the
supervisor of an eight-person procurement office for a manufacturing company.
You need to hire a mid-level employee to work purchasing and contracting
actions for the company. What procurement- and supply management-related
knowledge, skills, and abilities would you look for in someone applying for
this mid-level position, and why?
B. Discuss the advantages and disadvantages for a company
that sources from suppliers located overseas. Which do you think make for a
more compelling argument — the advantages or the disadvantages? Why?
C. Discuss the role of price versus non-price factors when
negotiating a contract. How might the relative importance of them vary when
negotiating a contract for supplies versus a contract for services?
D. Discuss both the advantages and disadvantages of long-term
contracts from a buyer’s perspective. Now, discuss both the advantages and
disadvantages of long-term contracts from a seller’s perspective.
SAVE YOUR EXAM WITH A FILE NAME DIFFERENT THAN THE ORIGINAL
TURN IT IN TO YOUR ASSIGNMENT FOLDER
