Question: 1. What are five (5) ways a business can improve efficiency, and reduce costs? 2. In your own words, explain logistics. 3. What is electronic

1. What are five (5) ways a business can improve efficiency, and reduce costs? 2. In your own words, explain logistics. 3. What is electronic data interchange, and how does it work? Pls provide an example. 4. How can internet technologies improve supply chain management? 5. Name three (3) popular,marketplace portals and give a rating for each.

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