Which of the following is an example of global sourcing?
A) After the recent global recession, major banks in Palladia were funded more quickly under national ownership and control.
B) Titania, a country with a major stake in automobile manufacturing, employs citizens to keep its level of quality and commitment to the automobile industry.
C) Camden Ltd., a Berylia-based pharmaceutical company, has opened manufacturing centers in Rhodia.
D) To manage the steel industry in Cadmia, over 900 coal mines were taken under public ownership.

Question

Quizplus · Accepted Answer

Global sourcing refers to a strategy where a company sources materials, products, or services from locations around the world to take advantage of global efficiencies. Camden Ltd. opening manufacturing centers in Rhodia is an example of a company leveraging global sourcing by expanding its production capabilities internationally.

Which of the Following Is an Example of Global Sourcing