The Procurement Process That Usually Occurs When a Firm Determines

question 6

Multiple Choice

The procurement process that usually occurs when a firm determines that it cannot perform all the tasks that are necessary to operate its business successfully is called:

• A) Subcontracting.
• B) Outsourcing.
• C) Strategic partnership.
• D) Strategic alliance.
• E) Strategic partnership and alliance.

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Definitions:

Hard Drive

A data storage device used in computers and servers to permanently store and retrieve digital information using one or more rigid rapidly rotating disks coated with magnetic material.

Computer Hardware

The physical components of a computer system, including the CPU, monitor, keyboard, mouse, and other devices needed for operation.

Computer Software

Programs and operational data that tell a computer how to perform specific tasks.

Digital Media

Digital media refers to content or data that are stored in digital formats for creating, viewing, distributing, modifying, and preserving on digital devices.