Reference no: EM133034437

1. Determine your organisation's views on the advantages and disadvantages of the purchasing methods using examples provided or adding your own additional examples.

2. Describe how you might consult with relevant stakeholders.

3. Explain how you would analyse information to determine the nature and levelof resources required to achieve business objectives.

4. Create a action plan to acquire and allocate the resources, incorporating strategies to maximise efficiency and manage risk.

5. Show how you will implement this plan so that systems:

• incorporate efficient use of resources into work practices monitor resource use against budgets and business objectives.

6. Clearly indicate, as part of your plan, the expected level of performance achieved and any adjustments that may be needed to achieve service andproduct delivery standards.