Q. 1) When would you have multiple rounds of bidding? Illustrate what evaluation criteria would be used to initially select a supplier? Illustrate what criteria are used to evaluate supplier performance? Illustrate what factors should be considered in supplier selection both domestically also globally?

2) Explain why would an organization decide to outsource? When would you consider utilizing global outsourcing? Explain. why would an organization decide to outsource globally? Illustrate what benefits also risks should be considered in global sourcing?