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Describe the basic elements of e-procurement and spend analysis.
Human Resource Outsourcing
The practice of contracting out human resource functions, such as recruitment and payroll, to an external provider.
Trends
Refers to the general direction in which something is developing or changing over time.
Internal Labor Force
An organization's workers (its employees and the people who have contracts to work at the organization).
External Labor Market
The job market outside of a specific company, inclusive of potential employees who currently work for other employers or are unemployed.
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