QUESTIONS These questions relate to the case study and should be answered in the context of the information provided. You are advised to spend 32 minutes on each question. (11 Q3 Q4 (15 (a) Explain the nature of 'strategic' purchases and their likely impacts on Zingle's sourcing process. (10 marks) (b) Explain how the adoption of 'supplier pre-qualification' might assist Zingle's sourcing process. (10 marks) The case study information states that Matt's priority is to develop a sourcing strategy for selecting appropriate suppliers. Matt will need to develop a sourcing plan to formalise his strategy. Describe FOUR elements that might be included in a sourcing plan for Zingle. (20 marks) (a) Describe FOUR sources of information that Zingle might have used when assessing the financial stability of new suppliers, before awarding the contracts. (8 marks) (b) Explain the terms 'revenue' and 'operating profit' shown in the table in the case study. (6 marks) (c) Utilising the data shown in the table in the case study, evaluate the financial performance of Fruity Flavours over the period shown and comment on this performance in comparison to the typical industry norms quoted in the case study. (6 marks) Suggest and explain FOUR stages that Zingle might include in its tendering process for the procurement of the orange flavouring. (20 marks) Analyse FOUR legislative, regulatory or organisational requirements that an organisation such as Zingle will need to consider when sourcing from international suppliers. (20 marks)