Which of the following statements is/are correct?
1. It is important to achieve reduction of food waste and duplication of procurement time and effort which can result from sudden menu changes or production policy shifts.
2. Purchasing in charge need to have a thorough knowledge of the market environment and the purchasing policies of those offering similar goods and services to their customers.
Select the correct answer

A. Only 1

B. Only 2

C. Both 1 and 2

D. None of these

Answer: Option B