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Explain the determinants of operating exposure.
Answer: The main determinants of a company’s operating exposure are
(a) The structure of the markets where the company sources its inputs, like labor and materials, and sells its products, and
(b) The company’s capability to mitigate the effect of exchange rate changes by adjusting its markets, product mix, and sourcing.
I nvitation of bids and bid publicity In previous sub section we learnt how the bid capacity for works and goods are calculated. We discussed how to prepare the bid documents,
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