Question 4: Permanent assortment vs. One-time offerings (30 points) a. What are the differences in buying

Question: Question 4: Permanent assortment vs. One-time offerings (30 points) a. What are the differences in buying (procurement function) of permanent assortment vs. one-time offerings? Give also examples of products. (10 points) b. How do you plan (volume, sales, margin, profit) of these types of products? (10 points) c. How do you set prices for such types ofQuestion 4: Permanent assortment vs. One-time offerings (30 points)
a. What are the differences in buying (procurement function) of permanent assortment vs. one-time offerings? Give also examples of products. (10 points)
b. How do you plan (volume, sales, margin, profit) of these types of products? (10 points)
c. How do you set prices for such types of products? (10 points)
100% (1 rating)Answer: Procurement is often mistaken for purchasing, and the two terms are often used interchangeably. But those two functions are actually quite distinct—in their intent, the tasks they cover, the people involved, and, most notably, what they accom…View the full answer