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Assignment Guidelines: Procurement processes are affected by the global business environment, trade agreements and regulatory compliances. These implications, influences and compliance creates risk for an
Assignment Guidelines: Procurement processes are affected by the global business environment, trade agreements and regulatory compliances. These implications, influences and compliance creates risk for an organization that operates globally. As for example, organizations operating in the United Kingdom while the United Kingdom was a part of the European Union and with offices in other European Union countries, have to take into consideration the affects of Brexit on its procurement and supply chain operations. Another example were the changes to the trade agreements (NAFTA) between Mexico, The US and Canada. Your analysis should address the following considerations. I 1. The impacts that the global business, political, economic environment can have on procurement processes. 2. The strategy organizations have employed to tackle these impacts. Note: You may include examples of organizations, trade agreements etc. which you may think relevant and can support your analysis. Writing Guidelines. 1. The critical analysis should not be more than one page. You may make any assumptions required to produce the critical analysis. 2. Information from reference sources, should be cited appropriately. References should be on the second page. Note that Google, Wikipedia, You Tube, Bing are not considered references. 3. No form of plagiarism or copy is allowed. If any information in your analysis is copied, it should be supported by a valid reference source. Marking & Submission Guidelines
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