Answer to Question #159510 in Economics for sania

Question

University plans to launch its new campus at Bahria Town Karachi. This campus will facilitate media science and business studies. For a complete setup, the procurement department will have to facilitate a number of purchases including equipment, lab facilities and general items.

 Develop a procurement strategy for this new campus. You are required to prepare a matrix showing, the nature of purchases, types and requisitions required for the complete

setup.                                                                                        

Answer 1

The campus of an educational institution is a set of all premises, buildings, objects with which students, teachers, and university employees interact directly or indirectly in the process of their education and scientific activity. These include classrooms, student dormitories, libraries, auditoriums, canteens, and other office premises.

One of the most frequently used solutions for formalizing and streamlining the business processes of a university is the implementation of an automated campus in an educational institution. systems based on card technologies. The campus card system is a set of software

specialized equipment and self-service equipment that uses smart cards as a universal means of identification and payment. So thus, the campus card on the one hand is a payment instrument replacing cash, and on the other hand - an electronic carrier of information profile

students, staff, and teachers. Today, smart card technologies allow a large number of applications, use them safely and effectively, update the composition and content of applications without re-issuing cards using specialized peripheral equipment.

Applications used in modern smart cards can be roughly divided into two base units: applications that use the smart card as a universal tool identification, storage and exchange of data, and payment applications that allow using the card as an electronic wallet to store funds and implementation of cashless payments. Typically, there are three types of applications recorded on the campus card: identification, payment, and transport.