What is global sourcing?

Correct answer: B. Companies find materials, components and services from anywhere in the world

  • A. Companies export material throughout the global
  • B. Companies find materials, components and services from anywhere in the world
  • C. Companies pool resources to find new sources
  • D. None of the above

Explanation

Global sourcing means obtaining materials, components, and services from suppliers located anywhere in the world. It is a central feature of internationally dispersed production and global value chains.

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