EBK UNDERSTANDING MANAGEMENT
EBK UNDERSTANDING MANAGEMENT
11th Edition
ISBN: 9781337918770
Author: MARCIC
Publisher: VST
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Chapter 6, Problem 1AYSSL
Summary Introduction

To determine:

What I expect from performing a particular class work or task.

Concept introduction:

Tasks and activities are a vital part of everyone's life, as it provides experience, sharpens the existing skills, enables to inculcate new skill, improve different aspects of personality and the list is exhaustive. An individual should be able to undertake the particular task effectively and efficiently.

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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. The proposed agreement intends to reduce the financial pressure on farmers by boosting export prices since rice prices have stayed minimal for twenty years while production prices have increased. Thailand and Vietnam cooperate through this partnership to simultaneously boost farmer salaries and strengthen their market position in worldwide trade. Multiple elements explain why India is not part of discussions taking place between Thailand and…
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