ISCOM 361 Week 1 Individual Assignment Policies and Procedures Summary
3A
• In today’s business world, technology and new information create an atmosphere of constant, rapid change. To deal with these changes, every organization has a set of policies and procedures to help employees have a point of reference in dealing with various situations. The policies provide a set of accepted guidelines to follow when questions arise in certain scenarios. The procedures are a set of steps or details explaining how to complete job duties. A business professional must be familiar with policies and procedures in the workplace and how technology changes them. Use headers for each item please.
• Define categories of purchasing policies.
• Summarize basic procedural areas.
• Explain how the e-supply chain affects the purchasing process.
Write a summary in 650 to 700 words.
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