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Based on your experience or readings, discuss the differences between the Uniform Commercial Code in the private sector and the Federal Acquisition Regulations (FAR) and Model Procurement Code in the public sector, as they affect the exercise of the Purchasing and Supply Management function. To what extent does the FAR affect the implementation of Supply Chain Management in the federal public sector? Discuss the collaboration between the Purchasing and Supply Management Department and the Legal Department to ensure that the buying organization complies with all applicable legal and/or regulatory requirements affecting the development of purchasing- related documents and execution of contract-related provisions. NOTE: Your response should include comments and/or observations relative to each of the items associated with this week’s discussion topic. You can divide your response into paragraphs – one each for each item. Moreover, your initial response should address each of these items. Subsequent responses can constitute a commentary on your classmates’ comments/observations on any one or all items. Although no specific length or size of each item is required, your response to each item should focus on the salient points or key aspects corresponding to the nature of each item. Activity: Review outside and supplemental readings.
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