A Global Food Products Company Makes Soups That Are Specifically

question 54

Multiple Choice

A global food products company makes soups that are specifically tailored to the tastes of consumers in individual countries.What sourcing strategy is the company likely to use for its fresh ingredients such as vegetables?

• A)Local,close to its production plant when possible.
• B)National,using suppliers within each country.
• C)Global,using the same suppliers across the world.
• D)Low-cost country sourcing.

---

Definitions:

Materialmen

Suppliers or vendors of materials, especially in the construction industry, who may have legal rights such as liens against the property they supply materials for.

Foreclosure by Action and Sale

A legal process where a creditor seeks to recover the balance of a loan from a borrower who has stopped making payments by forcing the sale of the asset used as the collateral for the loan.

Surplus

The amount by which revenue exceeds expenses in financial accounting, or in terms of inventory, more than what is needed.

Mortgage Debt

A loan secured by property, typically real estate, where the borrower is obliged to make a predetermined series of payments.