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

question 49

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 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.

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Definitions:

Reality Principle

A psychoanalytic concept that represents the ability of the mind to assess the external world and act upon it accordingly, often contrasted with the pleasure principle.

Ego

In psychoanalytic theory, it is the part of the personality responsible for dealing with reality, mediating between the desires of the id and the constraints of the social world.

Personality

The melding of characteristics that establishes a person's distinct identity.

Superego

Within the realm of psychoanalytic theory, this aspect of a person's psyche serves as a self-judging moral guide, encapsulating the ethical standards assimilated from one's parents and teachers.