GK
BUSINESS MANAGEMENT
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
Impact of currency exchange rates
|
|
|
Tariffs and importing restrictions
|
|
|
A range of individuals from various backgrounds. education and values
|
|
|
Legal and cultural differences
|
|
|
Political stability in developing nations
|
Detailed explanation-1: -Levels of Global Sourcing Level 1: Domestic purchases only. Level 2: International purchases made on an as-needed basis. Level 3: Sourcing strategy that includes global purchasing. Level 4: Centrally-coordinated purchasing across global locations.
Detailed explanation-2: -Reduce Direct and Indirect Costs. Boost Long-term Supplier Relationships. Gain Efficiency and a Systematic Approach. Mitigate Supplier Risk. 22-Apr-2021
Detailed explanation-3: -Type Of Components And Raw Materials. Total Landed Cost. Competitive Advantage. Culture And Ethics. Supplier Responsiveness. Compliance And Regulatory Environment. 12-Feb-2021
Detailed explanation-4: -Step 1: Profile The Category. Step 2: Supply Market Analysis. Step 3: Develop a Strategic Sourcing Strategy. Step 4: Select The Strategic Sourcing Process. Step 5: Negotiate with and Select Suppliers. Step 6: Implementation and Integration. Step 7: Benchmarking. 05-Aug-2021