Q1. You are accountable for procuring all waste management services for a large Council. A trade fair is to be held shortly on the Gold-Coast and you have been asked to attend. Your request has been refused by the CEO who says he is cutting down on "Jollies" What is your argument to persuade him that there are significant benefits in attending?

Q2. Partnering often has been a requirement for 'open book'. You are negotiating with a supplier who accepts the principles of open book but wants to know what you will use the information for. She has given you an example. She has planned a profit of 12.5%. What happens if the open book shows that through her efficiencies she makes 16.9%? What would you tell her about specific and the wider principles ?

Q3. Explain what is inventory and detail the reasons why inventory might be kept ?