Which of the Following Allows Firms to Focus on Core

question 7

Multiple Choice

Which of the following allows firms to focus on core activities and reduce cost by moving aspects of the business to areas where costs are low?

• A) Outsourcing
• B) Adapting
• C) Offshoring
• D) Exporting
• E) Importing

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Definitions:

Social Cognitive Theory

A theory that suggests learning occurs in a social context with a dynamic and reciprocal interaction of the person, environment, and behavior.

Awareness

The state or ability to perceive, feel, or be conscious of events, objects, or sensory patterns.

Self-Regulation

The ability of an individual or organization to monitor and control their behaviors, actions, or thoughts to achieve certain goals.

Discrepancy

A lack of compatibility or uniformity that leads to a difference between two or more things, such as expectations versus reality.