Outsourcing

question 44

Multiple Choice

Outsourcing:

• A) eliminates the need for a value chain.
• B) reduces the firm's dependence on its value chain.
• C) reorders the steps in a firm's value chain.
• D) moves some value chain activities outside the firm.
• E) strengthens the firm's capabilities in each value chain function.

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Definitions:

Speaker of the House

The presiding officer of the Lower House of a legislative body, responsible for maintaining order and managing its proceedings.

Seniority

The concept that privileges or status are granted based on the length of service or tenure in a position, often applied in political, academic, or professional contexts.

Congressional Assignments

The distribution of tasks, responsibilities, and roles to members of Congress, typically involving committee placements, leadership positions, and specific legislative duties.

Party Decline

The theory that political parties have become less influential and effective in political systems, particularly in guiding political action and mobilizing voters.