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Refer to Budget Reform. What does this policy change do to net capital outflows? Defend your answer.
Efficiency
The degree to which a process, system, or organization minimizes waste and utilizes resources optimally to achieve desired outcomes.
Cost Analysis
The process of evaluating the costs associated with a project or business operation to determine its financial feasibility and identify areas for cost reduction.
Multiple Source
The practice of procuring a good or service from several suppliers to reduce dependency on any single supplier and increase competitiveness.
Cross-functional Teams
Groups composed of members from different departments or expertise areas working together towards a common goal.
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