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SIMULATIONDescribe three categories of stakeholders and a method for how you could map different types of stakeholders within an organization (25 points)
SIMULATIONExplain what is meant by a ‘commodity’ (8 points) and why prices of commodities can be characterized as ‘volatile’ (17 points)
SIMULATIONWhen would a buyer use a ‘Strategic Assessment Plan’? Outline how this would work (25 marks)
SIMULATIONDescribe what is meant by Early Supplier Involvement (10 marks) and the benefits and disadvantages to this approach (15 marks).
SIMULATIONDescribe the SERVQUAL model that can be used to assess quality in the service industry (15 points). What are the advantages of using the model? (10 points)
SIMULATIONA company is keen to assess the innovation capacity of a supplier. Describe what is meant by 'innovation capacity' and explain what measures could be used. (25 marks)
SIMULATIONWhat is the difference between competitive and non-competitive sourcing? (12 marks)In which circumstances may a non-competitive sourcing approach be more appropriate? (13 marks)
SIMULATIONDescribe 4 strategies a company could use to develop a supplier. (25 marks)
SIMULATIONOutline three methods an organization could use to gain feedback from stakeholders (25 points)
SIMULATIONABC Ltd is a manufacturing organization which operates internationally and buys materials from different countries. Discuss three instruments in foreign exchange that A BC could use (25 points)
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