BUDCOM 2 Budget & Commerical Management - Assignment
BUDCOM 2 Budget & Commerical Management - Assignment
Format: Discussion paper of 2500 words
Discuss the development of the buyer/supplier relationship in an increasingly competitive and sophisticated commercial environment. Consider current and future business trends illustrating your discussion with relevant cases or examples. In your paper include a critical review of contracting/tendering framework and key aspects of the negotiating process in organisation(s) and/or industry sector(s) with which you are familiar.
To achieve a pass grade your paper should demonstrate the learning outcomes :
- Understand procurement and acquisition management processes.
- Demonstrate a practical and theoretical knowledge of materials and resources management and strategy.
- Be aware of contractual and broader legal issues with regard to the customer/supplier relationship.
- An understanding of the principles and application of contract negotiations.
