In the Process of Strategic Outsourcing, Which of the Following

question 12

Multiple Choice

In the process of strategic outsourcing, which of the following would come after managers review noncore functions to assess whether independent companies that specialize in those activities can perform them more effectively and efficiently?

• A) Activities are outsourced to those specialists.
• B) Structured long-term, contractual relationships, with rich information sharing between the company and the specialist organization to which it has contracted the activity are formed between the company and its specialists.
• C) Determine whether the companies that specialize in particular activities can perform them in ways that lower costs or improve differentiation.
• D) Execution of outsourcing.
• E) Identify the value-chain activities that form the basis of a company's competitive advantage.

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Definitions:

Action Figures

Collectible figures, usually made of plastic or other materials, representing characters from movies, comics, video games, or other media, often used for play or display.

Production Time

The total time required to manufacture a product, including all processing, labor, and machine time.

Make-To-Order

A manufacturing strategy where production starts only after an order is received, tailoring products to specific customer demand.

Finishing Department

The final stage in a manufacturing process where products undergo final touches, treatments, or packaging before being ready for sale.