Assuming that the amounts shown represent the total annual spend(Amount/Total Amount)calculate the percent of spend for each
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Question:
- Assuming that the amounts shown represent the total annual spend(Amount/Total Amount)calculate the percent of spend for each category.
- Classify each spend category as either low or high complexity and summarize your reasoning.
- Design a 2x2 Risk/Value matrix showing each of the five spend categoriesplaced in either "High" or "Low" Risk group.
- Explain why you placed each item in the selected category.
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