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What Are the Reasons for Sourcing Globally, and What Options

question 57

Essay

What are the reasons for sourcing globally, and what options are available to a firm that wishes to engage in global sourcing?


Definitions:

Arousal

A state of alertness and mental and physical activation.

Incentive

An external stimulus that motivates behavior (for example, money or fame).

Drive-Reduction Theory

A theory suggesting human behavior is motivated by the desire to reduce internal drives of needs, such as hunger.

Getting Some Food

The act of obtaining food to satisfy hunger, which can encompass a range of behaviors from purchasing food at a store to preparing a meal.

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