Provide thorough responses to each of the questions listed below. Upload your document to DropBox by the stated due date. 1. Write a brief policy statement that presents a position on the need for utilizing more diverse suppliers. What are the features or characteristics that your policy statement should have? 2. Why is it important to include a policy that outlines the origin and scope of purchasing authority? What might happen if such a policy did not exist? 3. What are the benefits associated with a comprehensive policy and procedure manual? Is there a downside to the manual being too comprehensive? 44. Consider the elements of the code of conduct developed by Caterpillar in Sourcing Snapshot: Caterpillar's Code of Conduct. What are some examples of purchasing behavior that would violate elements of this code of conduct? 5. This chapter listed a number of different operational procedures. Describe and discuss three additional topic areas that might benefit from written procedures. 6. Describe the different types of integration that supply management should become actively involved in. 7. What are the barriers to integration? How can they be overcome? 8. Why is goal setting so important to the success of the sourcing team process? What is the role of the team leader when setting team goals? 9. Describe the traditional model of buyer-seller relationships. How is the traditional model different from the collaborative model? What are the major characteristics of the collaborative model? 10. Discuss the most significant elements that characterize the most successful efforts at integrating suppliers in new-product development. How do these factors contribute to success