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What are the most important drivers (or factors) that motivate firms to engage in global sourcing?...

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Economics

What are the most important drivers (or factors) that motivatefirms to engage in global sourcing? Identify and discuss at leastfour drivers?

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Most important drivers or factors that motivate firms to engage in global sourcing are To Expand Sales The first and foremost reason is that western multinationals would like to expand their sales and acquire newer markets so that they can record impressive growth rates Considering the fact that the developing countries are peopled with consumers who have aspirations to western lifestyles it is but natural that the western companies would like to target this need and hence expand into these markets Moreover with declining sales in one region the western companies hope to recoup the losses by expanding into other markets Further the attractive    See Answer
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