MGMT444/MGMT 444 WEEK 1 ASSIGNMENT

MGMT 44 WEEK 1
Contracts and Procurement
Deliverable Length:  4-5 pages
The basic procurement cycle includes the following: 
•	Determination of requirements 
•	Determination of the source of supply 
•	Vendor selection 
•	Purchase order processing 
•	Purchase order monitoring 
•	Goods receipt 
•	Goods issues 
•	Invoice verification 
•	Payment processing 
Organizations may also set a procurement process based on competitive procurement dollar amounts.
Find a case study that discusses procurement, and then discuss and analyze the procurement cycle. 
Using the library, Internet, and your course materials, write a document of 4-5 pages that addresses the above tasks.

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