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QUESTION 1
Discuss the role and contribution of the procurement function in an organisation.
QUESTION 2
Discuss the main objectives of purchasing negotiations. Compare and contrast the adversarial and collaborative approaches to purchasing negotiations.
QUESTION 3
Discuss the merits and limitations of implementing a computerized materials management system in an organization.
QUESTION 4
Discuss briefly the key stages of a typical procurement cycle.
What can a financial institution often do for a surplus economic unit that it would have difficulty doing for itself if the surplus economic unit (SEU) were to deal directly with a
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given just the sales and profit values, how is the break-even sales calculated?
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