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Assignment #1: Mock Purchasing Policy On behalf of the company you choose, you have been assigned to develop the Purchasing Policy for this company. You

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Assignment #1: Mock Purchasing Policy On behalf of the company you choose, you have been assigned to develop the Purchasing Policy for this company. You can choose a private or public company. When drafting the Purchasing Policy, be sure to: . Use requirements as discussed from the textbook, in class lectures and labs, and by researching online . Be sure to incorporate risks specific to the type of company/industry you choose and how to mitigate those risks . Examples of items to include (but not limited to): approval limit authorities, competitive vs noncompetitive purchases, purchase requisition orders, blanket purchase order processes, vendor set up etc... (please refer to the lectures and labs as well as your on- line research). . Ensure you detail rationale for the requirements of the purchasing policy . Be sure to include an introductory paragraph that details the need for the purchasing policy and the approach you have taken to developing the policy . Your final paragraph should summarize how the policy will be rolled out to the employees of the company and the expectations of the leadership team to the adherence of the purchasing policy W 9

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