Final answer:
The two major benefits of automating the purchasing effort are reduced manual errors and increased efficiency, which lead to cost savings and can improve supplier relationships. Automation enhances productivity and can lower prices for consumers.The answer is option 1 and 2
Step-by-step explanation:
The two major benefits of automating the purchasing effort are reduced manual errors and increased efficiency. Automation in the workplace, such as using technology to perform routine tasks, leads to fewer errors since machines are typically more consistent and less prone to mistakes than humans. This contributes directly to an increase in efficiency as computers can execute tasks such as bookkeeping, clerical work, and assembly line production more rapidly and without the fatigue that human workers experience.
Moreover, automation can lead to cost savings for businesses. For example, in a supermarket setting, a single employee can oversee multiple self-checkout lanes, reducing labor costs and decreasing the number of staff needed for checkout tasks. In addition, businesses may benefit from improved relationships with suppliers due to more accurate and timely ordering processes made possible by automation.
Overall, consumers enjoy the fruits of automation through greater productivity, which translates to a wider selection of goods and services available at lower prices. Automation aids in reducing the risks associated with imperfect information, enabling buyers and sellers to proceed with transactions with greater confidence.