Question: 1. Give explanation about the similarity and differences between the listed (but not limited to) sourcing strategies Different approaches to managing the supply base for

1. Give explanation about the similarity and differences between the listed (but not limited to) sourcing strategies

Different approaches to managing the supply base for goods and services to be obtained from outside sources

a) Many suppliers

b) Few suppliers

c) Vertical integration

d) Joint ventures

e) Keiretsu networks

f ) Virtual companies

2. Describe examples of companies that adopt each of the strategies and how do they implement them

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