← Business Studies / 1 Business and Its Environment
1.4 Procurement
Business Studies · Grade 11 · 10 lessons in the design
What this covers
- Meaning and importance of procurement in an organisation
- Methods of procurement used in an organisation
- The process of procuring goods and services
- Legal and ethical issues in procurement
What you will be able to do
- analyse the importance of procurement in an organisation
- explore the methods of procurement used in an organisation
- evaluate the process of procuring goods and services in an organisation
- assess the legal and ethical issues when procuring goods and services
- appreciate the importance of procurement of goods and services in an organisation
Key questions
“Why is procurement of goods and services important in an organisation?”
“What are the legal and ethical issues when procuring goods and services in an organisation?”
Lessons
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Meaning of procurement
40 min · 1 practice tasks · quizExplain what procurement is and how it differs from simple buying.
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The importance of procurement
40 min · 1 practice tasks · quizAnalyse why good procurement matters to an organisation.
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Methods of procurement
40 min · 1 practice tasks · quizExplore the main methods of procurement, including tendering.
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More methods of procurement
40 min · 1 practice tasks · quizExplore quotations, single sourcing, framework agreements and e-procurement.
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The procurement process
40 min · 1 practice tasks · quizEvaluate the steps in the process of procuring goods and services.
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Documents used in procurement
40 min · 1 practice tasks · quizIdentify the documents that record each step of procurement.
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Procuring goods and services in a school
40 min · 1 practice tasks · quizDiscuss the factors a school considers when procuring goods and services.
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Digital tools and e-procurement
40 min · 1 practice tasks · quizUse digital tools and explain the benefits and risks of e-procurement.
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Legal issues in procurement
40 min · 1 practice tasks · quizAssess the legal issues when procuring goods and services.
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Ethical issues in procurement
40 min · 1 practice tasks · quizAssess the ethical issues in procurement and review the node.