MIDASCM 626 TERM EXAMINATION
Your exam must be posted in your Assignment Folders as one document. It is your responsibility to ensure that your exam is successfully submitted and can be read using MS Word. The organization, depth, and clarity of responses will be important grading considerations. The Midterm examination is an individual assignment; not a group assignment. Once you upload your completed exam to your Assignments Folder, do not make any revisions. Each essay is worth 33 points and requires thoughtful, graduate-level analysis and support.
1. Insert your name here: __________________
2. Final responses must be consolidated into one Word document.
3. Essays are to be single-spaced.
ESSAYS (100 points total). Answer the three essays of your choice. (No extra credit is given for answering the fourth essay.) Substantial responses are required to earn full credit. Responses should include original, analytical thought as well as support from our assigned readings and other professional sources (properly cited). You should consider the essays as opportunities to demonstrate your knowledge of the concepts we are covering in ASCM 626.
A. You are the supervisor of an eight-person procurement office for a manufacturing company. You need to hire a mid-level employee to work purchasing and contracting actions for the company. What procurement- and supply management-related knowledge, skills, and abilities would you look for in someone applying for this mid-level position, and why?
B. Discuss the advantages and disadvantages of sourcing from suppliers located overseas. Which do you think to make for a more compelling argument– the advantages or the disadvantages? Why?
C. Discuss the role of price vis-à-vis non-price factors when negotiating a contract. How might the relative importance of them vary when negotiating a contract for supplies vs. services?
D. Discuss both the advantages and disadvantages of long-term contracts from a buyer’s perspective. Discuss both the advantages and disadvantages of long-term contracts from a seller’s perspective.
SAVE YOUR EXAM WITH A FILE NAME DIFFERENT THAN THE ORIGINAL
TURN IT into YOUR ASSIGNMENT FOLDER