Question 1 of 29
In a public sector organization, the implementation of an emerging technology such as blockchain is being considered to enhance transparency and efficiency in procurement processes. The organization aims to reduce procurement cycle time by 30% and improve supplier trust ratings by 25% within the first year of implementation. If the current procurement cycle time is 60 days, what will be the new cycle time after the targeted reduction? Additionally, if the current supplier trust rating is 70%, what will be the new rating after the targeted improvement?
42 days and 87.5%
45 days and 85%
50 days and 80%
40 days and 90%

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