Business, 02.08.2019 08:00, aleilyg2005
Molly hue apparels inc. (mha) had been outsourcing its production to less-developed countries in order to reduce its cost of production. with the emergence of its competitor, hova inc., mha lost its competitive advantage. hova had its production units in its home country that allowed the company to bring out the latest trends to the market earlier than mha. also, mha frequently suffered due to political instability and lack of intellectual property laws in the outsourced countries. thus, parts of mha's strategies became obsolete and it had to relocate its production. what are such obsolete strategies referred to as in the planned emergence model?
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