Complete the Following Using These Terms

question 71

Multiple Choice

Complete the following using these terms.
-A company that contracts with another business to perform functions previously handled by internal staff is participating in _____.

• A)outsourcing
• B)Diversity
• C)entrepreneur
• D)Competitive differentiation
• E)strategic alliance
• F)Capital
• G)vision
• H)factors of production
• I)brand
• J)Relationship management
• K)Not-for-profit organizations
• L)Business ethics

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Definitions:

Paradigm

Represents a set of concepts or thought patterns, including theories, research methods, postulates, and standards for what constitutes legitimate contributions to a field.

Footbinding

A historical Chinese custom where young girls' feet were tightly bound to alter their shape; considered a sign of beauty and status but also caused severe physical deformities and limitations.

Sociological Analysis

The practice of examining social phenomena, organizations, or patterns to understand human behavior within a societal context.

Cultural Norms

Cultural norms are shared expectations and rules that guide behavior within a society or group, shaping individuals' actions and interactions.