Samsung is committed to complying with local laws and regulations as well as applying a strict global code of conduct to all employees. It believes that ethical management is not only a tool for responding to the rapid changes in the global business environment but also a vehicle for building trust with its various stakeholders including customers, shareholders, employees, business partners, and local communities. With an aim to become one of the most ethical companies in the world, Samsung continues to train its employees and operate monitoring systems, while practicing fair and transparent corporate management (Samsung, 2021). You have been appointed as the purchasing manager at Samsung South Africa. You are required to conduct an overhaul of the purchasing operations. You have been instructed to explain to the team the role and direction of the department. Q.1.1 Outline any two of the reasons why the purchasing function has become increasingly important for businesses today. In your explanation, apply these reasons to the context of the technology company Samsung. Note: You are required to paraphrase the reasons before you apply them to Samsung. More marks will be awarded for the quality of your paraphrasing. You are putting together a team to purchase next-generation microchips for Samsung's latest device. Explain what a cross-functional team is in relation to Samsung. Note: You are required to paraphrase the concept before you apply it to Samsung. More marks will be awarded for the quality of your paraphrasing. Your application to Samsung must list any two functional departments which will be involved in this purchase and explain how each one plays a role in this cross-functional purchasing team. Q.1.2 You are putting together a team to purchase next-generation michroschips for Samsung's latest device. Explain what a cross-functional team is in relation to Samsung.
Note: You are required to paraphrase the concept before you apply it to Samsung. More marks will be awarded for the quality of your paraphrasing. Your application to Samsung must list any two functional departments which will be involved in this purchase and explain how each one plays a role in this cross-functional purchasing team.