When companies use standardized components, time restrictions are minimal, and where transportation and trade barriers are not consequential, they are likely to use:
A) Global sourcing strategies
B) Regional sourcing strategies
C) National sourcing strategies
D) All of the above

Question

Quizplus · Accepted Answer

Global sourcing strategies are most suitable for companies when standardized components are used, time restrictions are minimal, and transportation and trade barriers are not significant, as they allow for sourcing from anywhere in the world to achieve cost efficiencies and meet production needs.

When Companies Use Standardized Components, Time Restrictions Are Minimal, and Where