Supply Chain Management

[Name of the Institute]

Supply Chain Management

Question 1

In the contemporary global business environment the level of competition in the business sector has increased drastically. In such situations the companies have to ensure that they minimize their costs and enhance the operational efficiencies. In the majority of the =developed countries the cost of operational activities and the production resources is relatively high as compared to the developing countries (Grossman & Helpman, 2005). Hence for the multinational organizations there is an opportunity cost present when operating completely in the developed countries. These companies can attain the competitive advantage of significantly reducing ...