Yes, as the value of the proposed purchase is substantial and would require a significant capital investment by the organisation and approval of the senior management team

No, as the senior management would be able to make a decision on the proposed investment with little or no financial justification as they would be better placed to judge the requirement

Yes, as the procurement manager should undertake a comprehensive formal business case justification whatever the value of the purchase is likely to be

No, as the procurement manager can always make the decision to purchase the asset on their own without any involvement or permission from the senior management team