Define global sourcing. Include a worldwide sourcing overview. Document the impact of globalization including: 1) Interdependence 2) Connectivity 3) Integration of economies 4) Social impacts 5) Technical impacts 6) Political impacts

Discuss the cost/price benefits/challenges of global sourcing 1) Lower labour costs 2) Different productivity levels 3) Exchange rate differences and their effects 4) Lower cost materials and inputs 5) Possible government subsidy arrangements