Which of the Following Is a Reason for Practicing Outsourcing

question 50

Multiple Choice

Which of the following is a reason for practicing outsourcing in the United States?

• A)Increased corporate growth
• B)Chances of increased production delays
• C)Rising wages in the developing world
• D)Improperly designed parts and products in foreign countries

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Definitions:

Asset Prices

The monetary value assigned to financial and non-financial assets in the marketplace, including stocks, bonds, real estate, and commodities.

Inflation Expectations

The anticipations of consumers and businesses about the rate at which prices for goods and services will rise in the future.

Unemployment

The situation when individuals who are actively seeking work are unable to find employment.

Sacrifice Ratio

The cost of reducing inflation in terms of the amount of output or gross domestic product that is foregone.