Identify at least 5 of the risks or challenges today of the global sourcing concept.

Write a paper of 600–800 words that discusses the following:

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• Identify at least 5 of the risks or challenges today of the global sourcing concept.
  • Discuss how a firm’s global sourcing manager may address tow of these.
• Given these challenges, what are at least 3 advantages of sourcing products or product components from global sources versus just a firm’s own countries’ suppliers?