Melanie would like to become a part of the global retail community. Which of the following options should Melanie consider as her first step?
A) She should engage in global sourcing.
B) She should engage in licensing.
C) She should engage in franchising.
D) She should develop strategic alliances with foreign companies.

Question

Quizplus · Accepted Answer

Melanie should engage in global sourcing as her first step to become a part of the global retail community. Global sourcing involves obtaining goods and services from suppliers around the world, which can help Melanie access a wider range of products and materials, reduce costs, and improve efficiency.

Melanie Would Like to Become a Part of the Global