Question at position 49 Three approaches to global sourcing are to establish (1) global purchasing offices, (2) International Commodity Organizations (ICOs), or (3) Regional Purchasing Offices (RPOs).TrueFalse

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BlackTom AI · Accepted Answer

The question presents a statement about three approaches to global sourcing: establishing (1) global purchasing offices, (2) International Commodity Organizations (ICOs), or (3) Regional Purchasing Offices (RPOs). It then asks whether this statement is True or False.
Option 1: True. This option asserts that these three approaches exist as distinct pathways for global sourcing. Evaluating each component, a global sourcing strategy can indeed involve centralized structures such as global purchasing offices that handle procurement across multiple countries, as well as regional configurations like RPOs that coordinate purchasing activities within a geographic region. The mention of International Commodity Organizations (ICOs) as a vehicle for coordinating procurement across borders is also consistent with practices in some organizations, where specialized cross-border bodies oversee commodity buying on a global or multi-regional basis. Taken together, the statement reflects a plausible and commonly described set of modalities for organizing global procurement.
Option 2: False. This would imply that at least one part of the stated trio is incorrect or nonexistent. However, the concept of global purchasing offices, regional purchasing offices, and cross-border commodity coordination bodies can be found in literature and practice as components of global sourcing. Therefore, labeling the entire statement as False would contradict established approaches and accepted organizational models in global procurement.
Option 3: (Not applicable since only two options are provided: True or False. If you treat this as a multiple-choice with two choices, there is no third option to evaluate.)
Option 4: (N/A) - There is no additional option beyond True and False in the provided list.
In summary, evaluating the given claim against standard global sourcing structures shows that the described trio of approaches is consistent with real-world procurement organization models, supporting the True classification.

Question at position 49 Three approaches to global sourcing are to establish (1) global purchasing offices, (2) International Commodity Organizations (ICOs), or (3) Regional Purchasing Offices (RPOs).TrueFalse

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