Key advantages of global procurement include: disadvantages of global procurement include: $$ ; key

$,$ and $q,$

$q,$

Lower costs, less management control required; intellectual property protections, transportation concerns, and use of expatriates $q,$

$$ Higher cost, diversification of supply base; intellectual property protections, use of expatriates, and transportation concerins.

Lower cost, diversification of supply base; transportation concerns, intellectual property protection, and potential high investments.

Transportation concerns, intellectual property protections; lower costs, diversification, and increased cultural differences

Diversification of supply base, higher cost; potential low investments, transportation concerns, and use of expatriates