problem 1: Describe why organizations source internationally.
problem 2: Describe the merits and demerits of purchasing used equipment.
problem 3: Describe the concept of life cycle costing.
problem 4: Describe the elements of efficient negotiation by a purchasing manager.
problem 5: Why might prices differ between suppliers?
a) What are wholesalers?
b) What are the functions of wholesalers?
problem 7: What factors will an organization take into account in a ‘make or buy’ decision?
problem 8: What would you expect to see in a well-prepared purchasing manual?