Outsourcing Is an Extension of the Long-Standing Practice of ________

question 55

Short Answer

Outsourcing is an extension of the long-standing practice of ________ production activities.

---

Definitions:

Profit Margins

The percentage of revenue that remains as profit after all expenses have been deducted from total sales.

Performance Risk

The potential for a purchased product or service to fail to meet expected performance levels, causing the buyer dissatisfaction.

Gas Mileage

A measurement of how many miles a vehicle can travel on a gallon of fuel, indicating its fuel efficiency.

Hybrid Car

A vehicle that uses a combination of an internal combustion engine and one or more electric motors for propulsion, aiming to reduce fuel consumption and emissions.