1. What are the differences between Indirect Sourcing and Governance Gap

Question

Question

business Operations-Management

Answer 1

Answer #1

The differences between Indirect Sourcing and Governance Gap are highlighted as follows:

Indirect sourcing is the purchase of goods and services not for resale but in order to maintain and develop business operations. These goods and services are brought for internal consumption. Whereas a governance gap is the gap that exits between the obligations that companies have in order to protect the rights of their own citizens.
Indirect sourcing is a routine practice of subcontracting. Whereas governance gap can exists in several other operations including subcontracting.
Although indirect sourcing results in considerable savings, it is an indicator of governance gaps.

Answer 2

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