Managing a global logistics system
Question: Discuss two important concepts applicable to managing a global logistics system.
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The shop must decide how much steak to order in a week. Construct a payoff table for this decision situation and determine the amount of steak that should be ordered, using expected value.
What is the difference between a mindset and a behavior? How is a global mindset different than parochial and diffused mindsets? What benefits to risk assessment may accrue from cultivating a global mindset?
What potential impact might a sustainable supply chain have on the overall state of the field and the future directions of global supply chain management research in the next 3-5 years?
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