In 2003 the presidents of the African countries of Mali and Burkina Faso <span>requested that rich countries apply free trade rules to those products where poor countries have a proven competitive advantage.</span><span>
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Answer: Supplier selection process
Explanation: The process of selecting a supplier for the procurement of raw material for producing output is referred to as supplier selection process. In this process, the purchases analyzes deals from various alternatives of suppliers and choose the one that maximizes the purchasers profit.
Thus, from the above explanation we can conclude that the given case illustrates the supplier selection process.
The answer is A. The subsidiary borrows money from Hong Kong banks
Financial institutions are organizations that process monetary transactions, including business and private loans, customer deposits, and investments. Some examples of depository financial institutions are commercial banks and credit unions. Some examples of Non-depository institutions are mutual funds, Security Firms (Investment banking, Equity Broking), Pension Funds, and Insurance Companies.
