Which of the Following Is Considered a Benefit of Outsourcing

question 78

Multiple Choice

Which of the following is considered a benefit of outsourcing activities?

• A)​Leverages activities of multiple clients for greater economies of scale.
• B)​Shares activities with relatively generic attributes across industries.
• C) ​Allows a firm to focus on its core activities.
• D) ​All of the above.

Analyze the impact of changes in production levels on marginal cost.

Examine the relationship between marginal cost and average cost curves.

Understand the effects of changes in fixed costs on average total and variable costs.

Understand the distinction between different types of clinical assessment tools, including response inventories, projective tests, and personality inventories.

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Definitions:

Revenue

The total amount of income generated by the sale of goods or services related to a company's primary operations.

Protectionist

Referring to government policies or doctrines that protect domestic industries from foreign competition, often through tariffs and quotas.

Absolute Advantage

The ability of a country, region, or entity to produce a good or service more efficiently than its competitors, using fewer resources.

Produce

Refers to agricultural products and other raw goods that are grown or harvested.