Which of the Following Is NOT an Advantage of Outsourcing

question 33

Multiple Choice

Which of the following is NOT an advantage of outsourcing?

• A) cost savings
• B) gaining outside expertise
• C) improving operations and service
• D) outsourcing core competencies
• E) accessing outside technology

Appreciate the significance of worker participation, employee ownership, and shared management principles for enhancing organizational commitment and productivity.

Acknowledge the impact of clear work division, job specialization, and merit-based promotion in bureaucracy.

Understand the difference between bonds and stocks, including their financing nature and repayment obligations.

Recognize various issuers of debt securities, including federal agencies.

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Definitions:

Financing Activity

Transactions related to raising or repaying capital, such as issuing stocks or borrowing loans.

Statement of Cash Flows

An accounting statement reflecting how shifts in balance sheet entries and earnings affect cash and cash equivalents, separated into areas of operating, investing, and financing.

Operating Activity

Activities directly related to the primary operations of a company, generating the main source of revenue and expenses.

Liability Section

A portion of the balance sheet that lists a company's obligations and debts, including both current and long-term liabilities.