Li & Fung: Internet Issues
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Title: Li & Fung: Internet Issues

Essay Details:

Subject: Business
Author: Esther T
Date: July 22, 2015
Level: University
Length: 6 / 1641

Essay text:

in economics at Harvard University. The knowledge they acquired from their studies helped them to transform the business from a family owned business to a professional one, and helped them to integrate a planning and budgeting system into the business. William and Victor were open-minded and adaptive. For instance, when new technologies are introduced into the market, Li & Fung usually adopts it aggressively to gain advantage over competitors. Second, Li & Fung worked in both hard (such as toys) and soft (such as clothing) market. This diversity helped Li & Fung to avoid the risk associated with functioning in one market...

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