A‌‍‍‍‌‍‍‌‌‍‍‍‌‍‍‍‍‌‍‍nswer the following questions: 1. Acquisitions (or Purchasi

A‌‍‍‍‌‍‍‌‌‍‍‍‌‍‍‍‍‌‍‍nswer the following questions: 1. Acquisitions (or Purchasing), one of the basic activities common to all organizations, is the process of acquiring goods and/or services from another organization. Based on your experience, videos, and readings, discuss how the contract management benefits an organizati‌‍‍‍‌‍‍‌‌‍‍‍‌‍‍‍‍‌‍‍on in the public and private sectors. Please list at least two benefits and provide specific examples to support your points. 2. Discuss one topic or issue from this week’s material that may benefit you personally or professionally. Use “Impact of Poor Contract Management” as the issue plea‌‍‍‍‌‍‍‌‌‍‍‍‌‍‍‍‍‌‍‍se.