Global Sourcing Debate (Scenario)

question 3

Multiple Choice

Global Sourcing Debate (Scenario)
Prof. Sean Peterson's class of international business has been studying the controversies surrounding global sourcing. Prof. Peterson divided the class into two groups, A and B. Group A was assigned the task of defending global sourcing, whereas Group B was assigned the task of arguing against global sourcing.
-Which of the following propositions would most likely be presented by Group B?

• A) Global sourcing adversely affects national competitiveness.
• B) Global sourcing improves the efficiency of manufacturing firms.
• C) Global sourcing empowers workers in general.
• D) Global sourcing is usually undertaken by focal firms to increase efficiency.

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Definitions:

Financial Statements

Official records that detail the financial activities and conditions of a business, including the balance sheet, income statement, and cash flow statement.

SMEs

Small and Medium-sized Enterprises, which are businesses with a limited number of employees and revenue below certain thresholds.

Not-for-profit Organizations

Entities that operate primarily for purposes other than to make a profit, focusing instead on social, educational, or charitable objectives.

Publicly Traded

Describes a company whose shares are freely traded on a stock exchange, allowing investors to buy and sell shares.