A chart of the concept of 'economies of scale' would have two axes. Which two?
You work as a buyer for a large international corporation. You are currently involved in negotiating a high-value contract, and one of the supplier's representatives offers to take you to a dog-racing event, with all expenses paid. The offer is open to the whole of your procurement team. What do you do?
Which of the following are likely to encourage sound ethical practices within a procurement department?
'In any series of elements to be controlled, a selected small factor in terms of number of elements almost always accounts for a large factor in terms of effort'. Which well-known principle is being described here?
Finding new potential suppliers using the internet might be known as:
