Select a component or finished good that you are familiar with that is sourced from a low$-$cost country.

Discuss the rationale, challenges and general sourcing guidelines to evaluate the potential of continued sourcing from a low$-$cost country.

For each of the sourcing criteria $($see table $12\mathrm{.}5),$ identify the major trade$-$offs associated with sourcing locally versus sourcing from a low$-$cost country.