Description should include
- government regulations affecting purchasing for both the industry and the consumer
- sourcing, sustainability, price, and product availability considerations
- quality
- ethics.
Process/Skill Questions:
Thinking
- Why should more than one resource be compared when acquiring products?
- What ethical considerations are involved in the sourcing and purchasing of products?
Communication
- Why is it important to communicate rules and regulations on sourcing and purchasing products?
- What types of communication can be used in purchasing and acquiring products?
Leadership
- How can leadership consider multiple sources before taking action?
Management
- How should management evaluate a product acquisition?
- What resources are available for management in the acquisitions process?