Individual Project

QUESTION

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Unit 1 – Individual Project
Deliverable Length: 1,500–1,800 words

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Assignment
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Assignment Description
Weekly tasks or
assignments (Individual or Group Projects) will be due by Monday, and late
submissions will be assigned a late penalty in accordance with the late penalty
policy found in the syllabus. NOTE: All submission posting times are based on
midnight Central Time.
Draft a memo to a chief
executive officer explaining the procurement contract process. Include the
following elements:
·
Provide a general description of the
procurement contract life cycle.
·
Explain why a company would want to use
contracts.
·
Describe the benefits to a company that
uses this process.
·
Provide an example of a company that
successfully uses the procurement contract life cycle and how that company has
benefited from it.

Unit 1 – Individual Project
Deliverable Length: 600–800 words
View objectives for this assignment
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Assignment
Details
Assignment Description
Weekly tasks or
assignments (Individual or Group Projects) will be due by Monday, and late
submissions will be assigned a late penalty in accordance with the late penalty
policy found in the syllabus. NOTE: All submission posting times are based on
midnight Central Time.
Write a paper of 600–800
words that discusses the following:
·
Identify at least 5 of the risks or
challenges today of the global sourcing concept.
o
Discuss how a firm’s global sourcing
manager may address tow of these.
·
Given these challenges, what are at least 3
advantages of sourcing products or product components from global sources
versus just a firm’s own countries’ suppliers?
Please submit your
assignment.
Reading Assignment
Arnold, Chapman and Clive: Chapters 1, 2, 4; Chapter 7: pages 162 – 164
Assignment Objectives
·Discuss the various elements of a material control system.
Other Information
Instructions:
The paper should include
a discussion of challenges such as the following:
·
Political unrest
·
Risk of nationalization of suppliers
·
Foreign exchange rate risk
·
Ocean transportation risks and delays
·
Possible lower quality
·
Communication difficulties
The paper should also
include a discussion of the following:
·
Lower costs
·
Eventual access to those same foreign
markets as their governments will more likely let the firm begin selling
products there
·
Possible higher quality if made on more
modern equipment
Instructor’s
Comments:
In academic writing,
students should strive to be clear and concise in order to convey their ideas
in an understandable way. Long sentences composed of uncommon words make for
cumbersome reading and often times do not make any sense. Choosing the right
words and keeping the prose simple and direct, in general, is the best approach
to comprehensible expression.
Academic writing is
formal; a few common mistakes to avoid are using slang, sentence fragments,
colloquialisms, and contractions. Students should become familiar with the
American Psychological Association (APA) Publication Manual Sixth Edition. This
important reference details the guidance to follow in academic writing at CTU.
All written work, including DB posts, should be in proper academic writing
form.
Additionally, ensure that
your writing is structured correctly with complete sentences, paragraphs, and
proper grammar and spelling. Remember to keep academic writing formal, avoid
over generalizing, making unsupported statements, and using personal language.
The primary goal of academic writing is clarity, so as you are starting to
write, focus on the message and developing the proper APA writing style.

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