Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

UNION Cooperatives in the United Arab Emirates generate millions in revenue each day by selling all types of products. This business model is only looking

UNION Cooperatives in the United Arab Emirates generate millions in revenue each day by selling all types of products. This business model is only looking for Just in time inventory. They do not not order the wholesale items for more than a week. It is expected that all the suppliers keep in close proximities at the stores. The JIT Philosophy is applied to all the stake holders in the market. In case any new orders are placed for home delivery with in UAE its delivered within 24 hours.
Justify the business model with advantages or disadvantages if any.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Finance questions