Japan's ________ Have Offices All Over the World, and They

question 46

Multiple Choice

Japan's ________ have offices all over the world, and they proactively, continuously seek export opportunities for their affiliated companies large and small.

• A) sogo shosha
• B) kaizen
• C) MITI
• D) Samurai

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Definitions:

Purchasing

The process of obtaining goods, services, or works from an external source with specific terms and conditions.

Strategic Sourcing

An approach to procurement that emphasizes continuous improvement and development of purchasing activities to enhance competitive advantage.

Strategic Sourcing Process

A method used by organizations to evaluate and engage suppliers with the objective of achieving cost savings, improving quality, and obtaining more favorable terms.