Outsourcing or Using Third Party Logistics Services Has

question 20

Multiple Choice

Outsourcing or using third party logistics services has:

• A) remained flat due to increased challenges of international logistics.
• B) become increasingly popular with small organizations, but not large ones.
• C) declined in popularity due to declining service provider performance.
• D) declined as transportation has been re-regulated.
• E) increased as organizations focus on core competencies.

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Definitions:

Labour Content

The total amount of work required to produce a good or service, often measured in terms of time or labor hours.

Incentive Plans

Programs designed to motivate and reward employees for reaching or exceeding their performance targets.

Staffing Needs

The requirements an organization has for the quantity and quality of workforce to meet its objectives and deliver on its strategies.

Average Observed Time

The mean time recorded for a given task or process, based on measurements taken over a series of observations or operations.