EBK M: MANAGEMENT
5th Edition
ISBN: 8220103676373
Author: BATEMAN
Publisher: YUZU
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Chapter 12, Problem 2DQ
Summary Introduction
Case summary: Organizations are progressively separating themselves by marketing new items and services that are planned with a social or ecological message. Directors regularly approach inventive cross-functional groups from design firms like Company I and Company C. In order to serve corporate customers, these plan groups are progressively working with socially arranged organizations like establishments and nongovernmental organizations or NGOs to help them all the more adequately satisfy their missions. The objective is to utilize structure as an approach to carry creative answers for complex issues, such as furnishing the devastated in creating nations with fundamental health
Characters in the case: Company I and Company C.
To discuss: The ways the team use these research techniques to design new products and services for companies in Country U.
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The Thai government chose to align with Vietnam instead of India in creating the rice price agreement because it believed this move would build its international rice market dominance. By collaborating with Vietnam which exports the world's third-largest amount of rice Thailand can gain better pricing control and solve their joint problem of rising production expenses. Market prices could experience substantial changes through collaborations between Thailand and Vietnam who stand as the second and third-biggest global exporters respectively.
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Indicate two (2) future trends that in your opinion are likely to affect the procurementand supply management of rice for Singapore. Justify with examples specific to thesupply of rice.
I have researched on past Past examples of other soft commodities:- on 28th April 2022 Indonesia announced a complete ban on palm (cooking) oilbecause of domestic shortages resulting in rising prices. This ban was lifted 23rd May2022, three weeks later.- on 14th May 2022 India banned the export of wheat exports with immediate effect, tocalm local prices.- on 23rd May 2022 Malaysia announced the ban on export of live chickens toSingapore effective from 1st June 2022 - to curb domestic supply and pricing issues.This ban was eventually lifted 11 Oct 2022, four and a half months later.
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