How is the balance of trade related to exports imports, Operation Management

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How is the balance of trade related to exports imports

1. Delegating when is “safe for them to fail”. Provide your perspective on this statement and how this relates to "Setting and Assigning Priorities"?

2. How is the balance of trade related to exports, imports, trade surpluses, and deficits?

3. How do vision, corporate culture, leadership, and mental model help formulate strategy? What is the sole output of strategizing and strategic planning?

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Operation Management: How is the balance of trade related to exports imports

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