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QUESTIONS What do you understand by the concept material? Define Material Control. 2. What are the important functions of Materials Control? 4 3. Explain the

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QUESTIONS What do you understand by the concept material? Define Material Control. 2. What are the important functions of Materials Control? 4 3. Explain the objectives of Material Control. Explain briefly the essentials of Materials Control. What are the advantages of Material Control? What do you mean by material purchase control? 8. 5. 6. 7. What is Centralized Purchasing? What are its merits and demerits? What is meant by Decentralized Purchasing? What are the important functions of the purchasing department? Explain briefly the duties of a purchase Manager in a large organization. 9. 10. 11 12 What are the important functions of the purchasing department? 13. What are the procedure to be adopted for purchasing the materials? 14 Write Short notes on: (a) Bill of Materials (b) Material Requisition (c) Goods Received Note (d) Purchase Order

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