Jamaica Manufacturers and Exporters Association (JMEA) president,…

Question Answered step-by-step Jamaica Manufacturers and Exporters Association (JMEA) president,… Jamaica Manufacturers and Exporters Association (JMEA) president, John Mahfood, believesthat global supply chain challenges, resulting from the novel coronavirus (COVID-19) andcompounded by the Russia/Ukraine conflict, present a window of opportunity for Caribbeancountries to explore and pursue regional production capacity buildout.According to a release, the popular businessman said that the potential buildout wouldenable territories, where possible, to become self-sufficient and reduce their dependenceon imported commodities and inputs, thereby safeguarding individual economies and, byextension, the overall region against future exogenous shocks.Mahfood notes that businesses have been impacted by several major issues as a result ofthe pandemic and war.”Companies around the Caribbean are not getting the products that they need…and we’re[experiencing] tremendous difficulties [with] shipping logistics. Consequently, there areshortages of [inputs such as] cans, glass bottles, and plastics,” he said.Mahfood further added that these issues have been exacerbated by factors such asinflation, exchange and interest rate fluctuations, and volatile global oil prices, whilepointing out that “small businesses [in particular] have been hard hit””We must find ways to combat these problems [and not] be daunted. There is a need, now,for us to look at the nations in the Caribbean banding together and looking at what eachcountry produces that can support the others. This, so that in times of shortages, we’re notlooking to countries far away for supplies and trying to compete with much bigger andwealthier countries for these,” he said citing examples of at least two Jamaican companies,which are engaged in furniture and automotive exports to CARICOM member countries.He points out that these demonstrate that “there are opportunities which local companiescan capitalise on, if we act quickly”1) Define a theoretical framework. Identify and describe a theoretical framework that could link to the case. This description must entail the origin of the theory, the keyassumptions, & the link to the case.2) State the research design type fitting for the case with justification.3) Describe the goal of the research.4) List and describe appropriate samples for the case.5) List two data collection tools that can be used to collect primary data in the case. Justify the two types of primary data collection instruments chosen. Arts & Humanities Writing ACA 101 Share QuestionEmailCopy link Comments (0)

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