ISCOM 361 MASTER Start With a Dream /iscom361master.com ISCOM 361 MASTER Start With a Dream /iscom361maste | Page 3

What is the difference between a policy and a procedure? Why is it
important for an organization to have a set of policies and procedures?
Should management regularly review these policies and procedures?
Why or why not?
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ISCOM 361 Week 1 DQ 3
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How has technology changed supply management in the last 20 years?
Have changes been positive? What are potential disadvantages of not
keeping up-to-date with technology?
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ISCOM 361 Week 1 Purchasing Strategies
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Resources: Internet, University Library, Textbook
Write a 700- to 1050-word paper that defines the similarities and
differences of the purchasing strategy you will use at each stage of the
Product Life Cycle of your company’s specific product.