Question: Questions: 1 . Purchasing can directly affect long - term growth, revenue and operating outcomes, and plans. Explain this in detail with example ( s

Questions:
1.Purchasing can directly affect long-term growth, revenue and operating outcomes, and plans.
Explain this in detail with example(s) related to the company.
2. Explain in detail the importance of global sourcing, what are the Supplier Selection Issues, increased
supply risks, and other challenges that the company can face.
3. How can cultural intelligence be incorporated into procurement strategies to effectively navigate
negotiations with diverse stakeholders?
4. What communication strategies can procurement professionals employ to overcome language
barriers and ensure clear understanding during negotiations with multicultural teams?
5. What role does cultural sensitivity play in fostering trust and building long-term relationships with
suppliers from diverse cultural backgrounds?

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