Which of the following is a challenge of sourcing overseas?

Sourcing overseas presents various challenges, and one of the significant challenges is ethical considerations. When procuring goods and services from foreign countries, businesses often encounter issues such as labor rights violations, environmental concerns, and different regulatory standards. Ethical considerations entail ensuring that suppliers adhere to fair labor practices, provide safe working conditions, and operate in an environmentally sustainable manner. Companies are increasingly held accountable for their supply chains and must navigate these ethical concerns carefully to avoid negative publicity and potential legal ramifications.

The focus on ethical sourcing reflects a growing awareness among consumers and stakeholders regarding corporate responsibility, making it essential for businesses to consider the implications of their sourcing decisions. This can require additional resources for monitoring and compliance, increasing the complexity of international procurement strategies.