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Table 10.2
Decision makers have a number of options available to them as to how to categorize and make decisions. Ray selected his job because he thought it simply felt like the right place to work. The organization and job seemed to fit his values and career goals. When the secretary that reports to Ray in his new job decides that she needs office supplies, she calls up central purchasing and places an order. But in order to get the new computer software she wants for her job, she has to get Ray to sign off on the purchase. After six months on the job Ray concludes that he needs an assistant. He writes up the job description, receives permission to recruit for the position. He receives about 150 resumes in the mail. He sets up interviews with the top 10 candidates. As he is interviewing candidate number four, he decides he meets all the criteria and offers him the job, which he accepts.
-Refer to Table 10.2. The secretary's decision-making process for buying office supplies is an example of:
Contract
A legally binding agreement between two or more parties that outlines obligations and rights.
Boilerplate
Standardized text, typically in contracts or legal documents, used repeatedly without significant change.
Framework Agreement
A long-term agreement with suppliers that sets out terms and conditions under which specific purchases (calls-offs) can be made throughout the term.
Direct Authority
Authority given to an individual within an organization where they have the power to make decisions and expect those decisions to be followed.
Q4: Nancy becomes aware that her company is
Q10: The purchasing professional must understand the dynamic
Q19: The capital acquisition process is initiated with
Q22: ll of the following, with one exception,
Q35: nother special ICC category is the parcel
Q38: In general, price is important; however, remember
Q46: _ establishes that neither the consignor nor
Q52: The basic assumptions that management practices are
Q60: Discuss the victim and the perpetrator of
Q90: The distinctive, overarching "personality" of an organization