Sourcing a product overseas may have

Name: Sourcing a product overseas may have
Brand: Quizplus
Rating: 4.9 (37 reviews)

Question

Quizplus · Accepted Answer

Sourcing a product overseas may lead to lower product costs due to lower labour and manufacturing costs in other countries. However, transporting the product to the domestic market will generally incur a higher inbound transportation cost due to longer distances and the need for transportation infrastructure. Therefore, while the product cost may be lower, the overall cost may be higher due to the transportation cost.

Sourcing a Product Overseas May Have