In a short essay, describe three key drivers responsible for the recent growth of global sourcing

What will be an ideal response?

First, technological advances in communications, especially the Internet and international telephony, have made global sourcing a feasible activity for focal firms. Access to vast online information means focal firms can quickly find suppliers that meet specific needs anywhere in the world. Second, falling costs of international business, including efficient communication and transportation systems, have made international procurement cost effective and accessible to any firm. Third, entrepreneurship and rapid economic transformation in emerging markets such as China and India has made many foreign nations viable locations for outsourcing.

Business

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Reductions from gross income for such items as individual retirement account contributions and alimony payments will result in

A) adjusted gross income. B) taxable income. C) earned income. D) passive income. E) total exclusions.

Business

When considering network protocols, why is the multilayer OSI model still important?

A) It provides a conceptual framework for how communication takes place in networks. B) It is specifically designed for Ethernet transmissions, which are quite common. C) It describes a protocol that is gradually replacing TCP/IP. D) It was designed by IBM.

Business