Submitted by: Submitted by sarbjeeet465
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Words: 4963
Pages: 20
Category: Business and Industry
Date Submitted: 01/31/2016 06:00 PM
FINALS – 12 questions pick 8 (Credits to YunZhu Peng for organizing the review topics THANKS!)
These are my notes, use at your discretion AS IN I CAN BE WRONG. Thank you (My stuffs at the bottom, review topics were organized by YunZhu and edited by me)
Questions will be phrased like compare and contrast, application questions like if I had this scenario which concept do I use? And Why? Refer to Midterm for a idea of how the questions will be worded
KNOW YOUR THEORY / CONCEPTS AND KNOW HOW TO APPLY THEM
Of the 12 questions these are potential and LIKELY topics for the questions he would ask on the Final
The potential likely questions first come from the LEARNING OUTCOMES on the Syllabus:
***Disclaimer*** These chapter #s are given by Peter Jackson in class. So no guarantees.
Learning Outcomes
1. Comprehend the role, importance and impact of purchasing and supply chain management on the competitive success and profitability of the organization.
* If you’re a textbook reader, refer to chapter 2 and 11
2. Demonstrate a sound knowledge of the purchasing process and the central role of purchasing in supporting the other functional areas of the organization.
* If you’re a textbook reader, refer to chapter 3 and 9
3. Analyze the costs and benefits of the various options available to purchasers in selecting appropriate partners that will most effectively contribute to capturing the lowest total cost of goods and services to the organization.
* If you’re a textbook reader, refer to chapter 4, 8, and 9
4. Evaluate options for the monitoring, management and development of systems to improve the supplier performance.
* If you’re a textbook reader, refer to chapter 5, 10, 11
5. Apply the cultural, legal and financial/currency complexities of global sourcing in analyzing potential options and choosing between domestic and international suppliers.
* If you’re a textbook reader, refer to chapter 6 and 8
6. Relate the principles...