what challenge may your company face regarding technology and raw materials
Answers
continues to grow unabated: global population growth, the rapid rise of the middle class and the continuous emergence of new technologies and applications place ever greater demand on natural resources. On the other hand, the supply of a wide range of natural resources such as crops, marine life and minerals, as well as their derivatives, face increasing constraints: factors such as climate change, water scarcity, political instability and resource nationalism further constrain supply of stocks already facing depletion.
The growing, long term imbalance of supply and demand threatens business performance across the board. Firms unable to insulate themselves against the threat of scarcity will face significant challenges with their financial performance, growth and long term competitive advantage. Securing long term supply cost efficiently and sustainably is becoming a business-wide imperative.
Answer:
if your company is manufacturing the quality goods then a high technology is required which is not available in cheap cost therefore if your capital is not enough you will suffer some problems.
and another thing is about raw materials. raw materials are the basic needs of any company. if there is availability of the raw materials u will manufacturer. but if not then...... thanks follow me