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as the procuremnt rep for your corporate organization, you have been asked to decide a strategic partnership between your organization and a potential supplier. The

as the procuremnt rep for your corporate organization, you have been asked to decide a strategic partnership between your organization and a potential supplier. The supplier is selling you raw materials for production of a particluar finished product that your organisation deals in. You have the option to use spot, future, swap and other flexible financial trading to buy these raw materials. First, define what is spot, future and swap, and then argue for or against any of these options.

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