When Contemplating Sourcing Products Internationally,which of the Following Would NOT

question 49

Multiple Choice

When contemplating sourcing products internationally,which of the following would NOT be an additional cost associated with global sourcing?

• A) Foreign currency fluctuations
• B) Tariffs
• C) Reduced lead times
• D) Larger inventory carrying costs
• E) Increased transportation costs

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Definitions:

Creativity And Innovation

The ability to generate new ideas, solutions, or products and the process of implementing these novel solutions in practice.

Exploitative Innovation

Innovation strategies that focus on improving or optimizing existing products, services, or processes within an organization.

Enhancement

The process of improving or augmenting the quality, value, or strength of something.

Innovation Sparcity

The lack or infrequent occurrence of creative or novel ideas, methods, or products in a specific area or domain.