What is the "BRIC factor"?

What is the "BRIC factor"?

BRIC is an acronym for the four countries of Brazil, Russia, India, and China.

These four countries, especially China and India, have ben a leading force in the changing world marketplace in the era of globalization.

What are the five major external forces that are driving the the rate of change and shaping our economic and political landscape?

What are the five major external forces that are driving the the rate of change and shaping our economic and political landscape?

1. Globalization
2. Technology
3. Organizational Consolidation
4. The Empowered Consumer
5. Government Policy & Regulation

What are some important issues or challenges for supply chains in the global economy?

What are some important issues or challenges for supply chains in the global economy?

1. More volatility of supply and demand
2. Shorter product life cycles
3. The blurring of traditional organizational boundaries