Question
The Australian citrus industry is among the top two agri-food industries producing revenue for the nation. However, this industry has been facing various risks related
The Australian citrus industry is among the top two agri-food industries producing revenue for the nation. However, this industry has been facing various risks related to both supply chain operations and market conditions over the past decade. The risk factors include rising costs of production due to high labour costs high currency exchange rates stringent food safety standards and supply and demand mismatch. These risks hamper firms' performance, which in turn undermines the nation's economy. Source: https://www.researchgate.net/scientific-contributions/Claudine-Soosay-2167421581 Suppose you are newly appointed as a manager of one of the citrus farming company in Australia and you want your company to operate in other countries around the world. Write a detailed report answering the following
Critically examine any FIVE (5) risks typically experienced within the supply chain. Make use of your citrus farming company and relevant examples to illustrate your answers. (20 marks)
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