Because Wal-Mart has thousands of suppliers to manage and is constantly looking for new ones worldwide,they invested in a new __________ strategy.
A)mobile networking
B)global sourcing
C)global support
D)mobile support

Question

Quizplus · Accepted Answer

The term "global sourcing" refers to the practice of seeking and acquiring goods and services from suppliers located around the world in order to benefit from cost savings, access to new technologies, and other advantages. Given that Wal-Mart is a massive retailer with a vast network of suppliers, it makes sense that they would pursue a global sourcing strategy in order to maintain cost competitiveness and access new products. None of the other answer choices directly relate to the management of suppliers or procurement of goods, making B the best option.

Because Wal-Mart Has Thousands of Suppliers to Manage and Is