Examlex
If there is an outward shift in U.S. demand for French goods, the result will be
Competitive Bidding
A procurement process where various suppliers submit bids to win a contract to provide goods or services, often focusing on offering the best value.
Environmental Risk
The potential for environmental damage or harm due to industrial operations, natural disasters, or human activities.
Raw Material Availability
The extent to which the necessary inputs for production processes are accessible or can be procured within the required timeframe.
Backward Integration
A business strategy where a company expands its role to fulfill tasks formerly completed by businesses up the supply chain, gaining control over suppliers or production.
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