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Q. Explain about the managing inventory.
Managing inventory (stock):
Retailers buy stock or inventory and sell that to customers; that manufacturers buy raw material and elements, manufacturing or assembling goods and after that selling such finished goods downstream for example, later into the supply chain, in the direction of the ultimate customer or consumer.
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A manufacturer concerned mainly with production efficiencies and reducing unit costs is known as Production oriented.
1) What are at least three factors that would motivate a company to set up a foreign operation? 2) What are the positive and negative impact of tariffs? Give a specific example
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