North American Free Trade Agreement (NAFTA) Notes: Definitions & Explanations PDF | Download eBooks
Study North American Free Trade Agreement (NAFTA) lecture notes PDF with supply chain management definitions and explanation to study “What is North American Free Trade Agreement (NAFTA)?”. Study north american free trade agreement (nafta) explanation with SCM terms to review supply chain management course for online MBA programs.
North American Free Trade Agreement (NAFTA) Definition:
A free trade agreement between Canada, Mexico, and the United States.
Operations Management: Sustainability and Supply Chain Management by Jay Heizer, Barry Render, Chuck Munson
North American Free Trade Agreement (NAFTA) Notes:
North American Free Trade Agreement is between the three countries US, Canada and Mexico commenced in 1994. The aim of this agreement is to eliminate tax and tariffs on the trade between these three countries. Due to this agreement organizations can move freely and import as well exports goods and services without any kind of heavy duties. Also it is the world largest free trade zone with approximately 444 million citizens living there and enjoying the free trade facilities which results in combined GDP of $17 trillion every year.
Keep Learning with Supply Chain Management Notes
What is Theory of Constraints (TOC)?
The net present esteem is the total of present estimations of cash in various future focuses in time. The present ...
What is Quality Characteristics?
Quality Function Deployment (QFD) is an organized way to deal with characterizing client needs or prerequisites and making an interpretation ...
What is Crossover chart?
A hybrid is utilized by a specialized investigator to gauge how a stock will perform soon. For most models, the ...
What is Sequencing?
Sequencing is the crucial capacity of securing learning of the structure of groupings by following up on an arrangement of ...
What is N-Form Organization?
N-structure is described and recommended as increasingly fitting. It involves mix of learning instead of its division, which is the ...
What are Disruptive Technologies?
Problematic innovation fundamentally changes the manner in which organizations or whole ventures work. It regularly powers organizations to change the ...