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Firms Should Outsource Only Activities Where They Can Create the Most

question 122

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Firms should outsource only activities where they can create the most value or where they are at an advantage compared to competitors.


Definitions:

Condense

To reduce something, such as a text or statement, to a shorter form while retaining most of the essential content.

Data

Facts and statistics collected together for reference or analysis.

Paraphrase

To express the meaning of something using different words, especially to achieve greater clarity.

Own Words

Expression or articulation of thoughts and ideas in an individual's unique style or manner.

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