Which of the following input can Sourcers provide to product developers during the product development stage?
a. Cost of production of similar products in the past
b. Production techniques and mechanisms required for new products being forecasted.
c. Best styles and designs that could be sold well in the upcoming season.
d. Only A and B
e. All of the above
Question 2
Which of the following is true in the global sourcing context?
a. An increase in oil prices suggests a decrease in the price of polyester fibers in near future.
b. Draughts in the Midwest of the U.S. suggests an increase in the price of cotton fibers in near future.
c. Stronger Australian currency suggests a decrease in the price of wool fibers in near future.
d. It is the merchandiser's job to find alternative choices of expensive fabrics and raw materials during the product development stage.
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