Global Sourcing Can Be Used to Access New Markets

question 48

True/False

Global sourcing can be used to access new markets.

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Definitions:

IDEATE Method

A step in the design thinking process that focuses on generating a wide range of ideas and solutions to address a defined problem.

Food Truck

A mobile kitchen set up in a vehicle, serving food to the public at various locations.

Opportunity Recognition

The ability to identify and evaluate potential business or investment opportunities within the environment.

Economic Value

The worth of a good or service determined by the market forces of supply and demand.