Globalization

In some countries, especially in Asia, per capita incomes have been moving quickly toward levels in the industrial countries since 1970. A larger number of developing countries have made only slow progress or have lost ground. In particular, per capita incomes in Africa have declined relative to the industrial countries and in some countries have […]

How Global Sourcing can Create Higher Profits for a Business

Most manufacturers spend a lot of time trying to think of how to cut back on costs and create higher profits. One of the ways a company can accomplish this is through global sourcing. Global sourcing is a method of outsourcing to areas where labor and ingredients are lower in cost, and to companies who […]