Essays on Brau

According to Weele (2009, p4), effective strategic purchasing is growing rapidly throughout because the organizations have realized it a potent avenue to achieve the company performance in short and long term. These includes attaining their strategic goals, improving the consumer satisfaction, improve the efficiency of the services rendered and many others. Hartmann & Blome (2010, p45) argues that the reason for such is because the quality of goods or raw materials in the organization enhances the organization’s performance. The cost of goods and service procured is also important in determining performance. Various theories are explaining the importance of the ...

The current paper is devoted to describing the comparison between the two microfinance articles provided and the current micro-financial institutions. When conducting this comparison, basic elements of microfinance, basically those of the finance discipline are highlighted and are realized to be present in both the articles. In essence, both the articles expose the finance academic community to microfinance institutions and microfinance disciplines. As well, the issues relating to microfinance institutions’ sustainability, management practices, product and services, regulation and policy, and clientele targeting are assessed. Microfinance constitutes various institutions and range from individual money lenders to formal financial institutions ...