Leasing equipment State the factors to be considered when leasing equipment. Contrast leasing versus buying equipment Equipment purchase plan Develop a plan for purchasing capital equipment. Definition Define quality in the industrial setting. Quality determinants State the technical consideration to be observed in a purchasing action. Give examples of economic considerations which determine quality.
Specifications Describe the role of specifications in determining quality.
Standardization Give examples of industry, state, and federal standards which determine quality of products and services. International buying Discuss the advantages and disadvantages of purchasing from international sources.