If a Buying Firm Is to Be Effective with an Offshore

question 12

True/False

If a buying firm is to be effective with an offshore sourcing strategy, it must either hire experts or develop specialists that are assigned to offshore suppliers. Ideally, these individuals must have experience in purchasing management, quality control, and basic accounting. This cost also must be considered in the evaluation process.

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Definitions:

Hemisphere

One half of the brain, divided into the left and right hemispheres, each responsible for different functions and processes.

Cerebrum

The largest part of the brain, responsible for voluntary activities, speech, senses, thought, and memory.

Regulate Body Temperature

The physiological processes that maintain a stable internal body temperature despite external environmental changes.

Regulate Heart Rate

The adjustment of the frequency of heartbeats, controlled by the autonomic nervous system and various hormones.