Your company has been a one of the few producers of your product. You multisource one...
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Your company has been a one of the few producers of your product. You multisource one of your key inputs from nearly a dozen small suppliers, and have been nearly the only market for some of the suppliers you use. However, your product has recently become very popular, and a number of large firms who are not in your industry are making very noticeable preparations to enter your market as competitors. Do you change your purchasing strategy, and why? 12pt v Paragraph v BIUA V ㅁㅁ V Your company has been a one of the few producers of your product. You multisource one of your key inputs from nearly a dozen small suppliers, and have been nearly the only market for some of the suppliers you use. However, your product has recently become very popular, and a number of large firms who are not in your industry are making very noticeable preparations to enter your market as competitors. Do you change your purchasing strategy, and why? 12pt v Paragraph v BIUA V ㅁㅁ V
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Answer rating: 100% (QA)
Yes it would be prudent to change your purchasing strategy in response to the new market dynamics Heres why Increased Demand and Potential Shortages W... View the full answer
Related Book For
International Marketing And Export Management
ISBN: 9781292016924
8th Edition
Authors: Gerald Albaum , Alexander Josiassen , Edwin Duerr
Posted Date:
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