What are the major forces or external factors which have impacted our economy during the latter part of the 20th and the early part of the 21st century? How have each of these factors influenced companies as well as their respective supply chains? Which of these factors do you feel is the most important for a computer company? Why?
Answer to relevant QuestionsProvide a brief overview of the three phases of development for supply chain management. The aggregate demand for transportation service is said to be inelastic while the demand for an individual mode or carrier is often elastic. Explain why this is important to carriers and shippers. “Transportation is the most important economic factor for economic development”. Defend this statement. You have recently been hired by HOG, Inc. and Mr. Edwards has asked you to develop a set of discussion points that would point out the economic and perhaps, social benefits from a new highway link in central Pennsylvania. Unlike many industrialized nations, the United States has fostered private ownership of transportation companies. What is the rationale for private ownership?
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