Fulfillment of the $5$ Rights of Procurement implies:

Economic procurement

Efficient procurement

Effective procurement

All of the above

Purchasing includes strategic aspects of procurement

OTRUE

FALSE

Distributive negotiation is:

Position based

Interest based

OBoth the above

None of the above

$14.$ Which of the following is the MOST important reason which favours 'making' instead of 'buying':

OStrategic nature of the item which calls for in$-$house control

OShort product life cyde

OLack of skilled employees

OAll of the above