Potential Outsourcing Decisions Must Always Be Analyzed from a ________

question 15

Multiple Choice

Potential outsourcing decisions must always be analyzed from a ________ perspective and not only from the perspective of whether the organization will reduce its costs.

• A) purchasing
• B) management
• C) tactical.
• D) strategic

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Definitions:

Technological Improvements

advancements or enhancements in technology that increase productivity, efficiency, or utility in various processes or products.

Production Possibility Frontier

A curve that depicts the maximum possible output combinations of two goods or services an economy can achieve when all resources are fully and efficiently utilized.

Production Possibilities Frontier

A diagram representing the full range of optimal production outcomes for a pair of commodities, given certain resources and factors.

Efficient Allocation

An economic condition where resources are distributed in a manner that maximizes the net benefits to society.