Test of Vocab (Week 5 Mon)

Front

Global sourcing helps companies __________.

Back

(to) save money

Front

The process of _________ is similar to global sourcing, but refers to finding the cheapest services, not products.

Back

outsourcing

Front

Eastern Europe is not our primary market. It's a __________ market for our company.

Back

second-tier

Front

Identifying several __________ global suppliers.

Back

key

Front

Not satisfied with our supplier, we need to pursue ___________ sources.

Back

alternate

Front

IPO ___________ "international procurement organization".

Back

stands for

Front

Global sourcing has helped our company reduce costs _________

Back

by 10%

Front

Foreign suppliers are often called "_____________" suppliers.

Back

offshore

Front

Global sourcing must ensure price savings don't come at the cost of quality.

Back

at the cost of

Front

Global sourcing is _________

Back

on the rise