Global sourcing helps companies __________.
Test of Vocab (Week 5 Mon)

Flashcard
•
English, Business
•
2nd Grade
•
Hard
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1.
FLASHCARD QUESTION
Front
Back
(to) save money
2.
FLASHCARD QUESTION
Front
The process of _________ is similar to global sourcing, but refers to finding the cheapest services, not products.
Back
outsourcing
3.
FLASHCARD QUESTION
Front
Eastern Europe is not our primary market. It's a __________ market for our company.
Back
second-tier
4.
FLASHCARD QUESTION
Front
Identifying several __________ global suppliers.
Back
key
5.
FLASHCARD QUESTION
Front
Not satisfied with our supplier, we need to pursue ___________ sources.
Back
alternate
6.
FLASHCARD QUESTION
Front
IPO ___________ "international procurement organization".
Back
stands for
7.
FLASHCARD QUESTION
Front
Global sourcing has helped our company reduce costs _________
Back
by 10%
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