Companies Are Avoiding Outsourcing More and More Because It Is

question 128

True/False

Companies are avoiding outsourcing more and more because it is more expensive than traditional methods and it does not allow a firm to concentrate on core competencies.

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Definitions:

Delivery Van

A type of vehicle designed for transporting goods, often used by companies for the delivery of products to customers.

Note Payable

A written promissory note where the borrower agrees to pay back the lender a specified amount of money at a future date or on demand.

Cash

A form of liquid asset that includes currency, coins, and balances in bank accounts, used by businesses to carry out transactions.

Common Stock

Equity ownership in a corporation, with holders usually having voting rights and receiving dividends variable with the company’s profitability.