(Answered) In todays global markets many companies source produce

Economics

In today's global markets, many companies source, produce, transport and sell products internationally. Firms seek to maximize potential sales, while minimizing costs and production/distribution time. In this environment, explain the strategic importance of the operations and supply chain management function.

Be sure to address:

How can a company use operations/supply chain management to make them more competitive?
Why is cost control so important with competing with other firms?
How have global factors come into play?

Your essay should be in APA format, 500-750 words and include at least 2 references.

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Business Economics, Economics

Category:- Business Economics
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