Assignments must be presented in the correct format. Your assignment should be typed – Arial font 12; 1.5 spacing; Justified (ctrl + J))
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Description
INSTRUCTIONS:
Read the following instructions CAREFULLY:
1. Assignments must be presented in the correct format. Your assignment should be typed – Arial font 12; 1.5 spacing; Justified (ctrl + J))
2. Ensure that your details and the name of your campus are clearly indicated on the cover page of your assignment.
3. Please note that it is your responsibility to retain copies of your assessments
4. Use the Harvard method of Referencing for citing your sources.
5. Use current research sources, preferably not older than five years.
6. A Check for Plagiarism report MUST be attached to each assignment submission.
7. It is in your own interest to present your work neatly.
QUESTION 1 (30 marks)
1.1.
Sourcing material or supplies is critical for operational success. Therefore, different criteria of sourcing strategy need to be given consideration, it is also important to have an understanding of how each (criteria/ sourcing strategy) will benefit the organisation.
Identify and discuss important sourcing strategy classes and give an example of how each strategy addressed will be beneficial to the business. (30)
QUESTION 2 (20 marks)
2.1.
For a business to successful, there should be a strong relationship existing between buyer and seller. To build a good partnership, the business needs to pay attention to certain factors.
Analyse any five relevant factors that will help the organisation of your choice, to create a profitable partnership. Support each factor by giving an insight statement. (20)
