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QUESTION 1 (i) Explain a Free Trade Area with examples. (ii) Outline the activities of a Free Port. QUESTION 2 (a) (i) Define Incoterms (ii) How many Incoterms ha
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How can offshoring and outsourcing enable a firm to become more resilient? How does the firm define resilience and agile strategies? Provide three examples of firms that have devel
Suppose you are a corporate buyer. One of your suppliers delivers a particular part in 12 days on average; with a standard deviation of 3/ The daily usage averages 20 units per day
Question 1: (a) Explain the term ‘framework agreement' in the context of public procurement. (b) Discuss the benefits of aggregation of some items in public procurement in M
S upplier quality rating Over a period of time supplier quality rating provides a quantitative summary of supplier quality. This type of rating is useful in deciding how to al
Supply Chains and Value Chains Supply Chains and Value Chains have been around for many years and Logistics has served as glue to bind the different members. But in the curren
Question 1: Describe the several principles of Quality Management Systems. Describe Quality Management System Principles of Quality Management Systems Conclusion
Q. What are the costs included in transaction costs? i. Search and information costs: It is related to the cost that is involved in locating and evaluating the right supplie
limitations of center of gravity
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