Which of the following explains global sourcing?
A) Products are increasingly sourced from foreign, low-cost countries.
B) Products which are purchased to be sold locally.
C) Products that are sold outside of the European Community.
D) Products sourced from local suppliers.

Question

Which of the following explains global sourcing? 
A) Products are increasingly sourced from foreign, low-cost countries. 
B) Products which are purchased to be sold locally. 
C) Products that are sold outside of the European Community. 
D) Products sourced from local suppliers.

Quizplus · Accepted Answer

Global sourcing refers to the practice of sourcing products or services from foreign, low-cost countries.

Which of the Following Explains Global Sourcing