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Global sourcing has gained momentum in the current phase of globalization."

a) True
b) False

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Final answer:

Global sourcing has gained momentum in the current phase of globalization.

Step-by-step explanation:

The statement Global sourcing has gained momentum in the current phase of globalization is true. Global sourcing refers to the process of procuring goods and services from different countries to take advantage of lower costs, specialized expertise, and access to new markets.

In the current phase of globalization, advancements in communication and transportation technologies have made it easier for businesses to engage in global sourcing and expand their operations internationally.

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