AFRICAN NAZARENE UNIVERSITY
GROUP ASSIGNMENT 2
UNITE CODE:BUS 105
MEMBERS OF GROUP: JACKLINE NAILETOI 15S01ABA014
TIR BABA 15S01ABT008
ABBY ONGERA 15S01AIBM004
GRACE MBUGUA 15S01ABA011
BRENDA ATIENO 15S01ABA010
NKOISAEN PAITAH 14S01ABA004
QUESTION EXPLAIN ATLEAST THREE ROLES OF PURCHASING DEPARTMENT
IN THE PURCHASING PROCESS:
Purchasing departments are responsible for procuring supplies. A purchasing is often referred to
as supply chain management and the purchasing department has taken on
QUESTION: EXPLAIN IN DEPTH THE PURCHASING PROCESS MODEL
(DECISION MAKING IN PURCHASING PROCESS) AS USED IN PROCUREMENT
This involves determining the quality of the output which is based on the inputs used. In the
process approach one s
QUESTION: DISCUSS PROCUREMENT STEPS
Procurement life cycle in modern businesses usually consists of the following steps:
Need identification. You first have to find exactly what you dont have or what the
Information Gathering: If the poten
QUESTION: EXPLAIN THE PROBLEMS RELATED TO PURCHASING PROCESS
Product specifications are usually determined by the user which means that they are often
defined towards a particular/approved supplier
QUESTION: EXPLAIN THE SOLUTIONS TO DATA INTEGRITY ISSUES IN
Bill of material - The best practice is to physically verify the bill of material either at the
production site or by un-assembling the product.
Cycle count - The best practice is to
QUESTION: DESCRIBE AND STATE THREE CHARACTERISTICS OF
Monetarism is a mixture of theoretical ideas, philosophical beliefs, and policy prescriptions.
Here we list the most important ideas and policy implications and explain them below.
QUESTION: EXPLAIN LOGISTICS MANAGEMENT IN DEPTH
This is the process of planning, implementing and controlling the efficient, effective flow
and storage of goods, services and other related information from the point of origin to
the point of consumption f
QUESTION: EXPLAIN THE LIMITATION OF DYNAMIC ECONOMICS
Despite the fact that economic dynamics is a useful and realistic method for analyzing complex
economic problems, it has its weakness. Its main limitations are the following:
QUESTION: STATE THE OBJECTIVES OF NEGOTIATION FOR PROCUREMENT.
To obtain the quality specified.
To obtain a fair and reasonable price.
To get the supplier to perform the contract on time. The delivery date schedule for
quantity and quality specif
Our friend is contemplating of starting a hotel business and he is not sure which form
the business should take. However he does not want to bear the business liability as
the owner. We are advising him on the possible app
QUESTION: STATE THE DISADVANTAGES OF CENTRALIZED PROCUREMENT:
-Centralized can result in many activities that involve expenditure and time without adding
-Centralization can foster emphasis on functional objectives with a minimum concern for overal