The distribution of goods and services through the company’s global network to optimize profit margins is called____________a.Supply chain managementb.Global Supply chainc.Offshoringd.Outsourcing

What does the term "global supply chain" refer to?(1 Point)A strategy to limit international tradeThe process of isolating domestic productionThe interconnected network of companies involved in the production and distribution of goods worldwideThe promotion of self-sufficiency in a single country

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

The disadvantages of global outsourcing are?a.Hidden costsb.Cut down customer issuesc.Cheap labour costd.Beat competition

Globalization allows goods and services to be more affordable and available to the global north and south through the supply chains.Group of answer choicesTrueFalse

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