1. What are the essential factors for economic growth and increased development of global trade flows? Why are they so important in today’s global economy?
2. Describe the cycle view of the processes within a supply chain.
3. Monty the Magician was hired by a Las Vegas hotel to preform 5 weekly shows for an entire year. half way through the year, Monty died from a heart attack. The show had to be discontinued until a new magician could be found. as a result, the hotel lost money. using legal concepts explain whether Monty's estate or agent are responsible for the hotel's lost revenue?