Question: Problem 3- Consider your household; and let's look at it as if it were a business. Think about the purpose of your household and about

Problem 3- Consider your household; and let's
Problem 3- Consider your household; and let's look at it as if it were a business. Think about the purpose of your household and about the strategies used by members of your household to fulfill its purpose. Now think about four items you purchased and brought home recently and position each of them on the strategic sourcing matrix. High cost or volume Leverage Critical Routine Bottleneck Low cost or volume Low complexity or risk Figure 1--The Strategic Sourcing Matrix High complexity or risk

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