Question

Mr. Rakesh Mishra is working as a Purchase Manager in ‘Euro Spinner Limited’. He is to
purchase raw materials and then supply to Production Department. The required material
is available in the market @ Rs. 850 per quintal, but he purchased the raw material from his
relative’s shop @ Rs. 900 per quintal. Which management is violated here by Mr. Rakesh
Mishra? ​

Answer 1

Explanation:

He is to purchase raw materials and then supply to… ... Rs. 850 per quintal, but he purchased the raw material from his relative's shop @ Rs. 900 per quintal.

Answer 2

Purchase management  is violated by Mr. Rakesh  Mishra

Explanation:

• Mr.Rakesh Mishra should have purchased raw materials @ Rs850 per quintal  which is economical in the market but he violated by purchasing the raw material @ Rs.900 per quintal from his relative's shop.
• Purchase and Production management is violated and he has not purchased at economical price.
• Purchase department play a very important role in an organisation because purchasing management controls on all aspects of purchases.
• Purchase management function is to purchase materials and supplies at most economical prices and also maintain good relationship with suppliers.

To know more:

Which management is violated here by Mr. Rakesh  Mishra?

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