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The Benefits of E-Procurement Include Access to New Suppliers, Lower

question 87

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The benefits of e-procurement include access to new suppliers, lower purchasing costs, and more time-efficient order processing and delivery.


Definitions:

Margin of Error

A numerical value that indicates the extent of variability due to chance in the findings of a poll.

First Word

The very initial word in a sentence, document, statement, or a segment of text.

Confidence Interval

A range of values derived from sample data that is likely to contain the value of an unknown population parameter, with a given probability.

Child Development

The physical, cognitive, social, and emotional changes that occur in humans from birth through late adolescence.

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