In developing viable sourcing strategies on a global scale, companies must consider the costs of manufacturing and various resources as well as exchange rate fluctuations.All other considerations are minor.

Question

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While costs of manufacturing, resources, and exchange rate fluctuations are significant, companies must also consider factors such as political stability, labor laws, environmental regulations, logistics and supply chain risks, cultural differences, and technological capabilities, among others, which are not minor considerations.

In Developing Viable Sourcing Strategies on a Global Scale, Companies