Be sure to properly cite any quotations; your submission will be
reviewed using Turnitin.
Essay responses are to be single-spaced.
ESSAYS Answer the essays. Substantial responses are required to earn full
credit. Responses should include original, analytical thought as well as
support from professional sources (properly cited).
A. You
are the supervisor of an eight-person procurement office for a manufacturing
company. You need to hire a mid-level employee to work purchasing and
contracting actions for the company. What procurement-
and supply management-related knowledge, skills, and abilities would you
look for in someone applying for this mid-level position, and why?
B. Discuss the advantages and disadvantages for
a company that sources from suppliers located overseas. Which do you think make
for a more compelling argument — the advantages or the disadvantages? Why?
C. Discuss the role of price versus non-price
factors when negotiating a contract. How might the relative importance of them
vary when negotiating a contract for supplies versus a contract for services?
D. Discuss both the advantages and
disadvantages of long-term contracts from a buyer’s
perspective. Now, discuss both the advantages and disadvantages of long-term
contracts from a seller’s
perspective.
SAVE YOUR EXAM WITH A FILE
NAME DIFFERENT THAN THE ORIGINAL
TURN IT IN TO YOUR ASSIGNMENT
FOLDER
