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1. Review the BIS document on IRC (and any other references you might find) and comment on the ease/difficulties in implementation of the IRC.

2. Describe the race to the bottom as a criticism of global economic activity.

3. Conduct an online search of lip balm products and compare the price of a Carmex product with three similar products from competitors. How do you think the competitors are setting their prices?

Operation Management, Management Studies

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