Identify any well known political event (positive or negative) ...

[anshika]

Identify any well known political event (positive or negative) and its impact on the business environment.

Question 2

Which of the following is not one of the wrong reasons for investing in inventory?
 a. Poor quality and material yield.
 b. Extended order-cycle times from global sourcing.
  c. Hedge against marketplace uncertainty.
 d. Specifying custom items for standard applications.
  e. Inefficient manufacturing processes.

[ttt030911]

Answer to Question 1

The terrorist attacks on the World Trade Center on September 11, 2001 had far reaching effects on the international economy. Stock markets across the world suffered huge financial losses. The airline industry saw a steep reduction in air travel, resulting in financial losses, cases of bankruptcy and job cuts. The tourism industry faced setbacks on account of lesser travel while the insurance sector had to settle enormous claims. Several business shut shop post 9/11 . The attacks also gave rise to the trend of cocooning--the tendency to spend more time at home for work and leisure.This phenomenon was reflected in sales of meal-preparation ingredients, video games, DVD's and reduced spending on eating out, traveling, and watching movies at the cinema.

Answer to Question 2

c

[anshika]

Great answer, keep it coming

[tkempin]

Thanks for the timely response, appreciate it