Reference no: EM132907882
The United States and China have been locked in a trade dispute for more than two years. Between July 2018 and September 2019, the US slapped tariffs of up to 25% on almost all imports from China.
"The two biggest losers from the conflict are the US and China themselves," says Yasuyuki Sawada, Chief Economist at the Asian Development Bank (ADB). A 2020 ADB analysis finds that GDP and employment in both countries will suffer due to the conflict.
Vietnam had long started positioning themselves as alternatives to China for foreign manufacturers. "Vietnam has progressively ramped up manufacturing, attracting foreign investors and increasing exports to the US," says Khiem Vu, Vietnam manager at Global Resources, which connects companies to suppliers in Asia.
Vietnam exported 30% more shoes to the US at the end of 2019 than it did two years back, while exports from China declined by 15%.
Vietnam more than doubled its cell phone exports to the US between end of 2017 and 2019.
A) Describe how the trade war can improve Bangladeshi exports if our decision maker can take the right decision on time.
B) Explain Market Basket Analysis. How we can use the analysis to produce products in a factory so that consumers can buy them together?
De Beers Group is an international corporation that specializes in diamond mining, diamond exploitation, diamond retail, diamond trading and industrial diamond manufacturing sectors. The company is active in open-pit, large-scale alluvial, coastal and deep sea mining.
It operates in 35 countries and mining takes place in Botswana, Namibia, South Africa, Canada and Australia.
From its inception in 1888 until the start of the 21st century, De Beers controlled 80% to 85% of rough diamond distribution and is a monopoly. Competition has since dismantled the complete monopoly, though the De Beers Group still sells approximately 29.5% of the world's rough diamond production by value through its global sight holder and auction sales businesses, an effectual monopoly, as this still allows it to control prices, inflating them dramatically.
C) Explain the supply chain of diamonds. Write the steps taken in the supply chain of Diamond.
D) If you work in a diamond company, explain how Information system can facilitate the diamond supply chain management?