What are the benefits of global sourcing?

What will be an ideal response?

The twin objectives of cost efficiency and achieving strategic goals are often both present in a particular global sourcing activity. Global sourcing can provide other benefits as well, including:
1. faster corporate growth,
2. access to qualified personnel abroad,
3. improved productivity and service,
4. business process redesign,
5. increased speed to market,
6. access to new markets,
7. technological flexibility, and

Business

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Which of the following is true of inflation?

A) It occurs when money is injected into an economy that is experiencing greater output. B) It is the result of supply and demand for a currency. C) It increases people's purchasing power. D) It is not particularly affected by the unemployment in a country.

Business

Describe the initial public offering (IPO) process and explain the role of the underwriter, the Securities and Exchange Commission (SEC), and the red herring

What will be an ideal response?

Business