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Question:
Operations strategies are developed to ensure managers deliver goods or services that are better, cheaper and more responsive to customer needs. Comment on any three of the following factors that can affect an organisation's operations strategy:
(i) Globalisation (ii) Legislation (iii) Marketing mix (iv) Costs (v) Quality
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What is the difference between rating and underwriting and how is it used? Identify and discuss any ethical issues that could arise in the underwriting process.
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