Global sourcing
What Global sourcing means in Business GCSE, as defined for AQA.
Definition of Global sourcing
Check what you remember
Read the wording for your board, then hide it and explain Global sourcing in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: AQA
Buying materials, components and labour from countries where costs are lower or expertise is stronger.
Topics that use Global sourcing
- Globalisation (AQA GCSE)
Related terms
- Competition
- Competitive pressure
- Competitiveness
- Cost and benefit
- Customer needs
- Differentiation
- Exchange Rate
- External risk and opportunity
Using Global sourcing in the exam
Check the command word and mark scheme for your exact question. After comparing your explanation with the reference, use the term in an answer on the linked topic. This practice does not predict an exam mark.
Practise Business questions
Create a free account to answer exam-style questions on this topic and get feedback on your answers.
A week of Premium from your first lesson · Then the free plan continues · No card, no charge