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Purchase and Stores Management (Gen)

How relevant is purchasing in today’s dynamic business environment?

Questions

Lessons

How relevant is purchasing in today’s dynamic business environment?
What are the objectives of purchasing?
Can you briefly describe the functions of purchase department?
What are the purchasing principles?
What are the types of purchase situations?
Name the four criteria that buyers use in selecting supply sources.
Briefly describe the types of stores.
What is store & what is its relevance?
What is the stores layout & factors affecting stores layout?
What are the functions of stores?

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