3. A large chain of gift shops has traditionally procured all its supplies of gift items & souvenirs from domestic manufacturers. With increasing competition from eseoimncrce companies, the chain is now looking to refresh its portfolio of products and wants to provide its customers the best of the products from across the globe. a. How can the company' facilitate procurement from different sources across the globe? Suggest potential countries where the company can consider setting up some form of its operations for the same, and explain the form of operations 13E its benet to the company. {5 Marks) b. What will be additional burden on the company in terms of requirements 3:: the procedures to be followed for importing the products in India