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What are the disadvantages of using single sourcing strategies?
Disadvantages of using single sourcing strategies:
a. Could merely one single supplier into the industry for example, high bargaining power
b. Over reliance onto one supplier can increase risk for example, supplier may fail to deliver
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Evaluate Netflix's current strategy and determine if the strategy is sustainable. Identify a Netflix strength may be leveraged in the market place to ensure a competitive advantage
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Make one solid recommendation for how the organization you researched could become more productive by applying one of the lessons learned. Explain your rationale.
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