Which strategy involves sourcing goods and services from multiple countries to diversify risks?  A. Global expansion  B. Local sourcing  C. Regional sourcing  D. Global optimization

What global product strategy does a firm pursue if it offers a product in one country that uses ingredients not found in the products it sells in other countries?Multiple choice question.GlocalizationReselling foreign goodsSame product or serviceTotally new product or service

What term describes an organization’s acquisition of goods and services from an outsidesource in another country?a. Globalizationb. Offshoringc. Exportingd. Global sourcing

A firm that is pursuing ________ strategy is simultaneously trying to achieve low costs through location economies, economies of scale, and learning effects; and trying to differentiate its product offering across geographic markets. Select one: a. A global customization b. A transnational c. A localization d. An international

Which factor contributes to competitive advantage through global sourcing by accessing new markets and customers?  A. Cost reduction  B. Improved supply chain efficiency  C. Increased market share  D. Enhanced product quality

What factors are not to be considered in global procurement?a.Manage supply riskb.Sourcing products and servicesc.Strong vendor managementd.Purchasing order