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problem1. Describe the term ‘Total Cost of Ownership’.

problem2. Discuss in brief the significance of including a liquidated damages clause in purchasing contract.

problem3. Enumerate 4 techniques of dealing with low value purchases.

problem4. describe in brief the four essential elements of valid contract.

problem5. Describe ‘Right Quality’ from a buyer’s perspective. What are the costs of poor quality?

problem6. List the other 4 Rights of purchasing mix.

problem7. One of the procurement techniques is Direct Procurement. List all four other techniques.     

problem8. Enumerate four circumstances when direct procurement techniques might be used. 

Management Theories, Management Studies

  • Category:- Management Theories
  • Reference No.:- M95984

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