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What do you meant by procurement

Answer»

Hey mate.... Here is ur answer...

Social procurement (often referred to as social purchasing) is ESSENTIALLY buying contracts for goods and services from social enterprises, with the intention of making a positive social impact, be it JOB creation for a historically disadvantaged community, or reducing carbon emissions. It means leveraging money that will already be spent on contracts by GOVERNMENTS, private companies or nonprofits to also further a social good. This practice is extremely important for opening up social ENTERPRISE market opportunities...

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