The pursuit of lower costs has led to supply chains that are less global.

Question

Quizplus · Accepted Answer

The pursuit of lower costs has actually led to more globalized supply chains, as companies look to source materials and production from countries with lower labor and production costs. However, there has been a recent trend towards "reshoring" or bringing production back to domestic markets due to factors such as rising transportation costs and political instability.

The Pursuit of Lower Costs Has Led to Supply Chains