A Major Reason Outsourcing Is Being Used Is That

question 85

Multiple Choice

A major reason outsourcing is being used is that:

• A) it allows top managers to focus on operational details.
• B) few firms possess superior capability in all primary and support activities.
• C) it permits unlimited access to capital resources.
• D) competitors do not have access to the same external sources.

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Definitions:

Household Income

The combined gross income of all members of a household, usually measured annually, that is available for spending or saving.

Poverty Rates

Measures the proportion of the population living below the poverty line, reflecting the general state of economic deprivation in a society.

Great Compression

A period in the mid-20th century where income inequality significantly decreased in the United States, largely due to governmental policies and economic shifts.

Income Inequality

Describes the uneven distribution of income and wealth across different groups in a population, often measured by metrics like the Gini coefficient.