The contemporary business environment is characterised by increased competition between supply chains and alliances, rapidly changing technology and highly demanding customers across the globe.. The projected industry growth promises greater prospects for the Lancewood business. Examine the potential risk levels posed to Lancewood when expanding their business deeper into South Africa and further into Africa, due to the following risk factors: • Theft • Human error The forecasted industry growth might require Lancewood to seek additional storage space from public warehouses. Explain the extent such an industry growth could affect selection when these factors are taken into consideration: • Geographical location • Available technology.
The contemporary business environment is characterised by increased competition between
supply chains and alliances, rapidly changing technology and highly demanding customers across
the globe..
The projected industry growth promises greater prospects for the Lancewood
business. Examine the potential risk levels posed to Lancewood when expanding
their business deeper into South Africa and further into Africa, due to the
following risk factors:
• Theft
• Human error
The
storage space from public warehouses. Explain the extent such an industry
growth could affect selection when these factors are taken into consideration:
• Geographical location
• Available technology.
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