_____ can help a firm implement an exact formula for procuring materials in the most efficient, cost-effective way possible and can update variables in real time to compensate for any changes in conditions.
A) Codetermination
B) Data analytics
C) Outsourcing
D) Mass customization

Question

Quizplus · Accepted Answer

Data analytics can analyze large volumes of data to find the most efficient and cost-effective ways to procure materials, and it can also update variables in real-time to adapt to changing conditions.

_____ Can Help a Firm Implement an Exact Formula for Procuring