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The influence of social capital on sourcing domestically, within the EU or transcontinental

Kasteel, R.J. (2021) The influence of social capital on sourcing domestically, within the EU or transcontinental.

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Abstract:With European companies still looking for the cheapest supplier in different continents to obtain a competitive advantage, sometimes the best option can be found closer to the company, with sourcing domestically or within the European Union. Companies that aim to create a competitive advantage by sourcing in Asia to get a price advantage, miss out on many other possibilities of creating a competitive advantage. Some companies are already experiencing more and more problems with sourcing from another continent, with even the price advantage becoming less attractive due to increasing prices. In this paper, the focus will be on how the social capital theory can help to understand the decision-making process of European companies to source domestically, within the EU or transcontinental. In past studies, it had already been concluded that with the help of social capital competitive advantages can be obtained. With the help of interviewing purchase experts from several companies, I hope to gain more insight into the world of purchasing and hopefully discover hidden patterns in their choices related to the social capital theory.
Item Type:Essay (Bachelor)
Faculty:BMS: Behavioural, Management and Social Sciences
Subject:85 business administration, organizational science
Programme:International Business Administration BSc (50952)
Link to this item:http://purl.utwente.nl/essays/86671
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