LAP 1 Assessment Question 1 (AQ1) Answer the following questions briefly. The passing score is 50% of the total points (30). 1. Define materials management in your own words. (5 points) 2. Why is there a need for materials management in any industry or business endeavour. Elaborate your answer. (20 points) 3. Select 5 principles of materials management that has direct applicability in your own industry or business endeavour. (20 points 4. Discuss briefly the scope of materials management. ( 15 points)