Value Key sourcing issues Variables Implications Issue Management vision Local or global Business and Marketing strategy Factor costs and conditions Labor, taxes Suppliers and processes I Marketing planning Customer needs Product quality, responsiveness Logistics Lead time complexity, distance, availability Warehousing and transportation Infrastructure Access to resources and utilities Manufacturing and conformity Political factors Risks, stability, predictability Feasibility of operations and transactions Exchange rate Volatility Pricing Sourcing decisions are influenced by all external and internal variables and impact all aspects of a business Based on the characteristics of the national economies and societies in the previous chart, answer the questions below: In which of these countries would you source a high technology/high value product? Justify your answer. In which of these countries would you source a low quality high margin, high volume product that you sell in markets with little or no competition? Justify your answer. In which of these countries would you source high volume products that are sold sell in highly competitive markets? Justify your answer Value Key sourcing issues Variables Implications Issue Management vision Local or global Business and Marketing strategy Factor costs and conditions Labor, taxes Suppliers and processes I Marketing planning Customer needs Product quality, responsiveness Logistics Lead time complexity, distance, availability Warehousing and transportation Infrastructure Access to resources and utilities Manufacturing and conformity Political factors Risks, stability, predictability Feasibility of operations and transactions Exchange rate Volatility Pricing Sourcing decisions are influenced by all external and internal variables and impact all aspects of a business Based on the characteristics of the national economies and societies in the previous chart, answer the questions below: In which of these countries would you source a high technology/high value product? Justify your answer. In which of these countries would you source a low quality high margin, high volume product that you sell in markets with little or no competition? Justify your answer. In which of these countries would you source high volume products that are sold sell in highly competitive markets? Justify your