Difference between revisions of "Global sourcing"
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[[Global sourcing]] refers to purchasing materials and labor from around the world wherever it is cheapest | [[Global sourcing]] refers to purchasing materials and labor from around the world wherever it is cheapest | ||
− | == | + | ==Definitions== |
According to [[Management by Robbins and Coulter (14th edition)]], | According to [[Management by Robbins and Coulter (14th edition)]], | ||
:[[Global sourcing]]. Purchasing materials and labor from around the world wherever it is cheapest | :[[Global sourcing]]. Purchasing materials and labor from around the world wherever it is cheapest |
Latest revision as of 21:12, 5 June 2020
Global sourcing refers to purchasing materials and labor from around the world wherever it is cheapest
Definitions
According to Management by Robbins and Coulter (14th edition),
- Global sourcing. Purchasing materials and labor from around the world wherever it is cheapest
According to Managing Quality by Foster (6th edition),
- Global sourcing. Purchasing from foreign suppliers.