Which of the Following Is a Level of 'Worldwide Sourcing

question 32

Multiple Choice

Which of the following is a level of 'worldwide sourcing' according to Monczka et al.(2005) ? 

• A) Engage in international purchasing as needed. 
• B) Always purchasing from outwith the EU. 
• C) Identification of the cheapest supplier regardless of country of origin. 
• D) Utilisation of cheap labour countries to supply.

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Definitions:

Seven Principles

Foundational guidelines or essential truths that govern or influence the operation or management of a system, process, or methodology.

Asset Utilization

The degree to which a company or an organization makes effective use of its assets in generating revenue or achieving its objectives.

Channel-Spanning Performance Measures

Metrics that evaluate the effectiveness and efficiency of a company across multiple distribution channels or stages of the supply chain.