Tuesday, December 7, 2010

Global sourcing of business strategy

Global sourcing is only a business strategy to ensure smoother and cost effective enterprise transformation, accessing new markets using key geographic advantages such as cost differences, labor strengths and time zones. The obvious advantages of business have rests in its geographic location from key markets and major governmental thrust for infrastructural development driven import and export. The contradictory perceptions about import and export from business rather than global sourcing and nevertheless it are a controversial issue. Global is being adapted as a strategic decision; with all its risk/benefit analysis in place. As we stand today, import and export is driving the whole of business best and with the economy.

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