Explain the concept and the main benefits of global sourcing

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Reference no: EM133696948 , Length: Words Count:500

Assignment:

Answer the following questions in your own words

1. Explain the concept and the main benefits of global sourcing. What are the 3 main skills required for successful global sourcing?

2. Describe 1 risk associated with foreign exchange and global sourcing. What is an intermediary, and explain 2 risks of using an intermediary?

3. Describe 1 risk associated with mitigation strategy. How is intellectual property at risk while global sourcing?

4. How can you mitigate the risks to intellectual property when global sourcing? Your assignment should not be more than 500 words.

Reference no: EM133696948

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