Which of the Following Is Not True in Regards to Low-Cost

question 17

Multiple Choice

Which of the following is not true in regards to low-cost country sourcing?

• A)Low-cost country sourcing can be used to access new markets or to gain access to the same suppliers that are helping global companies become more competitive.
• B)Although there has been a strong push to source from emerging BRIC countries in search of lower costs, there has also been a strong push toward sourcing in these countries because of local content requirements established by governments in these areas.
• C)Global sourcing is an opportunity to gain exposure to product and process technology, increase the number of available sources, satisfy countertrade requirements, and establish a presence in foreign markets.
• D)Some buyers source globally to introduce competition to domestic suppliers.
• E)Firms are typically highly experienced with global business processes and practices, and there are many personnel qualified to develop and negotiate with global suppliers or manage material pipelines.

---

Definitions:

Delegation

The act of transferring authority and responsibility from one person or entity to another, often within an organizational context.

Lawsuit

A legal action or proceeding brought by one party against another in a court of law, often to obtain a remedy or enforce rights.

Book

A written or printed work consisting of pages glued or sewn together along one side and bound in covers.

Debt

Money owed by one party, the debtor, to another, the creditor, typically arising from a loan or credit agreement.