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What is the conclusion about liberalization?
As a conclusion, we can say only that liberalization is superior and desirable but which does not strengthen the case for privatization. The privatization can’t be supported easily since public sector is not performing well. Within India, a number of public sector activities are undertaken like a development strategy. By applying the profit yardstick to that activities is not desirable. Therefore caution approach is imperative into regard to the wholesale privatization of public sector undertakings.
Goals of an FMS The goal of an FMS is to produce a moderate verity of products in moderate. Flexible quantities clearly an F M S is more flexible than conventional high volum
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Backward Integration A strategy in which an organization builds competitive benefits by controlling the provider of the raw materials needed to make its products.
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