Answer / saswat barpanda

Procurement is the acquisition of goods and/or services at
the best possible total cost of ownership, in the right
quantity and quality, at the right time, in the right place
for the direct benefit or use of governments, corporations,
or individuals, generally via a contract.

Answer / vishnu

The act of obtaining or buying goods and services. The
process includes preparation and processing of a demand as
well as the end receipt and approval of payment. It often
involves
(1) purchase planning,
(2) standards determination,
(3) specifications development,
(4) supplier research and selection,
(5) value analysis,
(6) financing,
(7) price negotiation,
(8) making the purchase,
(9) supply contract administration,
(10) inventory control and stores, and
(11) disposals and other related functions.
The process of procurement is often part of a company's
strategy because the ability to purchase certain materials
will determine if operations will continue. A business will
not be able to survive if it's price of procurement is more
than the profit it makes on selling the actual product.

What is the formula for the calculation of Gratuity?

41 Answers   Al-Shafar, Apollo, College School Exams Tests, Hindustan Unilever Limited, IRPL, LIC, Nimbus, Oriental Insurance, Talent Mappers, Team Computers, Trident Hilton,

---

i want to join bhel because?

1 Answers   Bhel,

---

In Your Opinion if Recruting is not downloading the Resume . If you have Ideal Job and in your Opinion Recruitment is not Downloading Resumes Then Lets Speak

1 Answers   Aster Teleservices,

---

i completed my B.E(CSE) in the year 2006 and i have 2.6 years of recruitment exp both in consultancy and corporate.. now i want to switch to SAP-HR, can anyone let me know, if i do SAP-HR course, can i get job into SAP-HR?? NOTE: I dont have MBA-HR kindly suggest me, ASAP !!!!! Regards Recruiter

1 Answers  

---

. Explain the legal provisions regarding safety of workers.

0 Answers   Onida,

---

actually i know the answers for the questions asked in the interview but still cant answer it ina proper manner .

2 Answers  

---

What are the key issues that should be addressed in the design, conduct, and evaluation of training programs?

0 Answers  

---

I've done my b.com n llb.after 3yrs gap am in trials for a job, iwas asked "why should a company pay u Rs.8000/- pm, how would u justify 8000/-? i was answerless, plz anybody can help me out.

0 Answers  

---

Please do make a reply to this question: I am bored taking interviews. Please motivate me in taking interview of yours.

4 Answers  

---

What are the key isssues that should be addressed in the design, conduct, and evaluation of training programs?

0 Answers  

---

How would you describe your own personality

0 Answers   Genpact,

---

what to say to get postive openion if an interviewer asks about strength & weeknennes?

0 Answers   Genpact, IOCL,

---