Question: Match the key term with its appropriate definition. - A. B. C. D. E. F. G. H. I. Outsourcing - A. B. C. D. E.

Match the key term with its appropriate definition.

- A. B. C. D. E. F. G. H. I.

Outsourcing

- A. B. C. D. E. F. G. H. I.

Offshoring

- A. B. C. D. E. F. G. H. I.

Re-Shoring

- A. B. C. D. E. F. G. H. I.

Near Shoring

- A. B. C. D. E. F. G. H. I.

International Purchasing

- A. B. C. D. E. F. G. H. I.

Global Sourcing

- A. B. C. D. E. F. G. H. I.

Countertrade

- A. B. C. D. E. F. G. H. I.

Switch Trading

- A. B. C. D. E. F. G. H. I.

Counter Purchase

A.

All trade international and domestic trade where buyer and seller have at least a partial exchange of goods for goods

B.

Relocating sources to countries geographically closer to the home country

C.

Contracting with independent suppliers located outside geographic boundaries of the home country

D.

Occurs when the selling company agrees to accept goods from buying country as partial payment

E.

Proactively integrating and coordinating common items and materials, processes, designs, technologies, and suppliers across worldwide purchasing, engineering, and operating locations.

F.

Requires selling firm to purchase specified amount of goods from country that purchased its products

G.

Bringing offshore sources back to the home country

H.

Involves contracting with independent suppliers outside the organization (domestic or foreign) to provide products or services that were performed inside the organization

I.

Commercial purchase transactions between buyers and suppliers in different countries

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