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(1) Paraphrased overview of the effect of procurement on profitability (at least 4 theory points)? (2) At least 5 application points of the effect of

(1) Paraphrased overview of the effect of procurement on profitability (at least 4 theory points)?

(2) At least 5 application points of the effect of procurement on the profitability of Mr Price?

I need typed answer with explanation

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