Question: 5 marks each Explain the Global Sourcing Factors and its hidden costs. (5 Marks) Differentiate between Preferred and Exceptional Suppliers. (5 Marks) Explain what the

5 marks each

  1. Explain the Global Sourcing Factors and its hidden costs. (5 Marks)
  2. Differentiate between Preferred and Exceptional Suppliers. (5 Marks)
  3. Explain what the common reasons are for Global Sourcing. (5 Marks)
  4. Differentiate Transactional and Collaborative relationships by highlighting each one's advantages. (5 Marks)

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