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Choose from below what determines the Sourcing of products or Services?LocationAffordability

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Solution

Both location and affordability can determine the sourcing of products or services.

  1. Location: The geographical location of the supplier can greatly influence sourcing decisions. For example, if a supplier is located far away, the transportation costs may be high, which could make the overall cost of the product or service more expensive. Additionally, the location can also affect the delivery time. If a supplier is located in a different time zone or in a region that is difficult to reach, it may take longer for the products or services to be delivered.

  2. Affordability: The cost of the product or service is another important factor in sourcing decisions. If a product or service is too expensive, it may not be feasible to source it, especially if there are cheaper alternatives available. Therefore, companies often compare prices from different suppliers to ensure they are getting the best deal.

So, both location and affordability are important factors that determine the sourcing of products or services.

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