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
  
==Definition==
+
==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.