Define global sourcing. Include a worldwide sourcing overview.

Document the impact of globalization including:

1) Interdependence

2) Connectivity

3) Integration of economies

4) Social impacts

5) Technical impacts

6) Political impacts

Discuss the cost/price benefits/challenges of global sourcing

1) Lower labour costs

2) Different productivity levels

3) Exchange rate differences and their effects

4) Lower cost materials and inputs

5) Possible government subsidy arrangements