When a Company Chooses to Have Another Firm Perform a Business

question 1

Multiple Choice

When a company chooses to have another firm perform a business process or service that is part of the company's value chain this is called:

• A) Offshoring
• B) Disaggregating
• C) Outsourcing
• D) Disintermediation

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Definitions:

Automatic Transmissions

A type of vehicle transmission that automatically changes gear ratios as the vehicle moves, without the driver having to manually select gears.

Flow Rate

The volume of fluid that passes through a given point within a set period of time, usually measured in liters per minute (L/min) or gallons per minute (GPM).

Hydraulic Circuit

A system using hydraulic fluid under pressure to transfer force and motion between components.

Gallons Per Minute

A measure of fluid flow rate that indicates how many gallons of fluid pass a particular point in one minute.