Global sourcing involves:

Name: Global sourcing involves:
Brand: Quizplus
Rating: 4.9 (40 reviews)

Question

Quizplus · Accepted Answer

Global sourcing refers to the practice of purchasing materials, components, or services from around the world for local use. This allows companies to take advantage of lower costs, access specialized resources, and expand their supply chain. It does not involve exporting products for sale, selling the right to make your products to a foreign firm, or building a plant to produce goods for sale in foreign countries.

Global Sourcing Involves