Which of the Following Is Not a Potential Problem of Global

question 42

Multiple Choice

Which of the following is not a potential problem of global sourcing?

• A) Long lead times
• B) Poor Quality
• C) Social and Labor Problems
• D) Higher Costs of Doing Business
• E) High Opacity

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Definitions:

Educated Consumers

Consumers who are well-informed about products, services, and market practices, enabling them to make discerning purchasing decisions.

Marketing Strategies

Comprehensive plans formulated by organizations to reach and persuade potential customers to purchase their products or services.

Consumer Confidence

A measure of how optimistic or pessimistic consumers are regarding their expected financial situation, an indicator of the overall state of the economy.

Purchasing Power

The ability of an individual or group to buy goods and services, often related to their income and the price level of goods.