Which of the following is one of the external forces affecting purchasing and supply management's role and required contributions to a firm's success?

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All of the options listed are external forces that can affect purchasing and supply management's role and required contributions to a firm's success. Global competition and emerging market growth can impact the availability and cost of supplies, while mergers, acquisitions, and supply market consolidation can change the sources of supply available to a firm. Technology advances can improve procurement processes and supply chain management, but can also require new skills and expertise. Increased governmental regulation and social responsibilities can affect sourcing decisions, and also require compliance and reporting efforts from purchasing and supply management teams.

Which of the Following Is One of the External Forces