Global Sourcing 1

QUESTIONS:
(Choose the best response for each one)


1. Global sourcing helps companies _________________________.
saving money
(to) save money
to retain money

2. The process of __________________________ is similar to global sourcing, but it refers to finding the cheapest services, not products.
out-serving
sourcing out
outsourcing

3. Eastern Europe is not it our primary market, it's a _________________________ market for our company.
second-level
second-tier
second

4. Right now, we're in the process of identifying several _________________________ ( = important) global suppliers.
key
great
keyed

5. We're not happy with our current supplier. We have to pursue _________________________ ( = other) supplier sources.
alternate
altered
allotted

6. IPO _________________________ "international procurement organization".
stands
signifies
stands for

7. Global sourcing has helped our company to reduce costs _________________________.
by 10%
10%
in 10%

8. Foreign suppliers are often referred to as "_________________________" suppliers.
offshore
offline
off-limits

9. When considering global sourcing options, it's important to ensure that price savings don't come _________________________ quality.
instead of
at the cost of
in light of

10. More and more companies are using global sourcing = Global sourcing is _________________________.
on the up
going up
on the rise

Check answers at http://www.businessenglishsite.com/exercise_globalsourcing1.html