ENTREPRENEURSHIP

Detailed explanation-1: -SAB should examine their off-shore purchasing policy, even though the products are sourced from the u.s. The world economy still favors the united states and european countries, even though china and india can participate in the global economy much more readily.

Detailed explanation-2: -Which of the following statements is true of agile companies? They partner closely with suppliers and service providers to reduce customer wait times for products.

Detailed explanation-3: -Integration, operations, purchasing and distribution are the four elements of the supply chain that work together to establish a path to competition that is both cost-effective and competitive.

Detailed explanation-4: -Sourcing is an upstream part of the supply chain: It’s the process of strategically choosing the right services and goods that a company needs to run their business. Sourcing is also the act of buying goods, including seller selection, contract negotiation and measuring the long-term performance of your suppliers.