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WorksheetsTest of Vocab (Week 5 Mon)
Total questions: 10
Worksheet time: 6mins
Global sourcing helps companies __________.
saving money
(to) save money
to retain money
The process of _________ is similar to global sourcing, but it refers to finding the cheapest services, not products.
out-serving
sourcing out
outsourcing
Eastern Europe is not our primary market. It's a __________market for our company.
second-level
second-tier
second
Right now, we're in the process of identifying several __________ ( = important) global suppliers.
key
great
keyed
We're not happy with our current supplier. We have to pursue ___________ ( = other) supplier sources.
alternate
altered
allotted
IPO ___________ "international procurement organization".
stands
signifies
stands for
Global sourcing has helped our company to reduce costs _________
by 10%
10%
in 10%
Foreign suppliers are often referred to as "_____________" suppliers.
offshore
offline
off-limits
When considering global sourcing options, it's important to ensure that price savings don't come ________ quality.
instead of
at the cost of
in light of
More and more companies are using global sourcing. = Global sourcing is _________
on the up
going up
on the rise
