This question is based on the closing case study of chapter $2$ in the prescribed, $8$th edition. How has technology specifically impacted the way organisations handle supplier selection and price negotiation in the context of purchasing and supply during the Covid pandemic?

Technology has limited organisations to fewer supplier options, reducing their ability to negotiate prices effectively.

Technology has improved the efficiency of supplier selection and price negotiation by automating processes like reverse auctions and price tracking.

Technology has made it more difficult to assess supplier reliability and compliance due to its complexity.

Technology has reduced the need for human input in supplier selection and price negotiation, leading to less strategic decision$-$making.