In an Outsourcing Decision, One Important Factor Is the Quality

question 109

True/False

In an outsourcing decision, one important factor is the quality of the outsourced product.

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Definitions:

Risk of Loss

The potential for an investment's actual return to differ from the expected return, including the possibility of losing some or all of the original investment.

Profitable Operations

Operations within a business that generate more revenue than the costs incurred to perform them, leading to a profit.

Non-Computerized Systems

Systems or methods of operation that function without the use of computer technology, often manual or based on analog processes.

Cash Equivalents

Cash equivalents are short-term, highly liquid investments that are readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value.