Model answer Essay Example | Topics and Well Written Essays - 500 words

Model resolvent - Essay ExampleWelfare of people is often ignored while trading internationally as the major focus is on profits. A minority section gains maximum profit through the mathematical operation who is not even citizens of the exploited nation. This is observed mainly in third world countries where people compulsion to work under unfair conditions, with low wages or in un good for you(p) work environments, demonstrating the ban aspects of international trade (Stephen, 2011). The other negative issues are exhaustion and destruction of natural resources. It can as well be stated that international trade increases dependencies amongst nations and enables supplying nation to exercise more power and travel to trade restrictions on other nation, simply to achieve financial gains.Logistics can be defined as an effective focus of the procedure through which resources are acquired, moved to different locations or stored as and when required. Logistics management encompasses i dentification of potential distributors and suppliers, and even evaluation of their effectiveness and accessibility so as to establish healthy relationships (Maloni and Benton, 2000).A logistic system consists of various components such as customer service, transportation, inventory management, materials handling, storage, information processing, packaging, toil planning, production planning, demand forecasting, facility location, purchasing and other related activities. These other activities for an organization can comprise of service support, effective handling of goods returned, maintenance functions and recycling operations (Fawcett and Magnan, 2002). A particular firm skill not require all of the components to accomplish specific tasks. For instance, a service firm such as airlines encompasses elements such as maintenance, customer service, information processing, demand forecasting and purchasing functions so as to relegate to the