EBK OM
6th Edition
ISBN: 9781305888210
Author: Collier
Publisher: YUZU
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Chapter 6, Problem 1PA
Summary Introduction
Interpretation:Important supply chain related considerations and decisions to be made by a small scale firm planning to expand into the global market.
Concept Introduction:
Going global is something anticipated by many business organizations that operate within the day. With the rise of concepts such as globalization, as the barriers between nations have been brought down organizations expand their presence to counties outside their origin. However, when doing so, organizations need to consider many important aspects and make sound decisions as reversing such a decision could even cause the company closure. Having in place streamlined supply chain operations is essential in going global as it could be considered the backbone of a global business.
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