The Transfer of Some of What Are Traditional Internal Activities

question 101

Multiple Choice

The transfer of some of what are traditional internal activities and resources of a firm to outside vendors is:

• A) a standard use of the make-or-buy decision.
• B) not allowed by the ethics code of the Supply Management Institute.
• C) offshoring.
• D) outsourcing.
• E) keiretsu.

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Definitions:

Stakeholders

Individuals or groups that have an interest, investment, or impact on a project, organization, or outcome.

Captive Audience

A group of people who are compelled to listen or watch something, often because they are in a situation where they cannot avoid it.

Effective Communication

The ability to convey information or ideas in a clear, concise, and meaningful way that is understood by the audience.

Technical Skills

Specific abilities or knowledge related to the use of technology, machinery, software, or procedures, essential in various industries.