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Apple works with global suppliers to acquire the necessary components to manufacture its products. These components are then transported to Apple's manufacturing facilities, where they are used to assemble finalized products. Once products have been assembled, they are sent to Apple's distribution centers.

Surprisingly, IT research firm Gartner ranks Apple Supply Chain as the best supply chain in the world for 3 years in a row. Without a doubt, Apple Inc is the world leader in Innovation, Branding and Software Ecosystem.

A general partnership is generally defined as an association of two or more persons to carry on as co-owners a business for profit. The business partnership is usually a contractual relationship between two or more per- sons whereby they agree to enter business together on their negotiated terms to produce a profit.

Disadvantages of a partnership Shared liability. ... Loss of autonomy. ... Potential conflict between business partners. ... Exit strategy complications. ... Lack of stability.

Disadvantages of a business partnership Loss of autonomy. As noted above, important business decisions should be made in collaboration with your business partner. ... Unlimited liability. ... Taxation. ... Potential for conflict. ... Exit strategy complications.

On the other hand, the disadvantages of a business partnership include: Potential liabilities. A loss of autonomy. Emotional issues. Conflict and disagreements. Future selling complications. A lack of stability. Higher taxes. Splitting profits.

General partnership disadvantages include: General Partners are Responsible for Other Partners' Actions. In a general partnership, each partner is liable for what the other does. ... You'll Have to Split the Profits. ... Disagreements Could Arise. ... Your Personal Assets are Vulnerable.