(a) Make a distinction between conflicts of interest and bid rigging in public procurement.
(b) Illustrate out the importance of a Code of Conduct in preventing corrupt practices in public procurement.
(a) Reverse Auction is an instrument which is applied by many procuring entities in developed countries. Illustrate out a typical Reverse Auction mechanism.
(b) Illustrate out five benefits for an organization that intends to implement an electronic procurement application.
Over the last decade, some countries have executed Sustainable Public Procurement (SPP). But, there are many countries that don’t consider sustainable criteria in public procurement. Discuss and illustrate out the major benefits and key challenges for public body that is executing SPP.
a) Recognize the five (5) Rights of Procurement.
b) Five Rights are as well termed as procurement mix. Using suitable instances discuss and illustrate out the difficulties for procurement practitioners to accomplish a suitable procurement mix in decision making related to procurement.