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(Solved): 1. Explain what is LC and how it's process ? Show the diagram. Note: Here I attached a diagram ...


1. Explain what is LC and how it's process ? Show the diagram. 

Note: Here I attached a diagram for your convenient.  Couldn't find the subject over here. It is a masters pogram subject and the subject name is 

SCM 621 : Demand Planning and Procurement Management


LC Mechanism
LC Mechanism


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LC stands for "letter of credit." It is a financial instrument used in international trade to provide a guarantee to the sell
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