Why Could Outsourcing Not Be a Long Run Solution

question 31

Multiple Choice

Why could outsourcing not be a long run solution?

• A)Decreasing dependence on independent suppliers in turn tends to lose sight of emerging technologies and thereby design and manufacturing abilities.
• B)Increasing dependence on independent suppliers in turn tends to lose sight of emerging technologies and thereby design and manufacturing abilities.
• C)Decreasing dependence on independent suppliers in turn tends to decrease jobs.
• D)Increasing dependence on independent suppliers in turn tends to create long run higher costs.

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Definitions:

Standard Deviation

A metric showing the extent of deviation or scatter of data points, highlighting the distance of these points from the central value.

Probability

The likelihood or chance of a particular event happening, often expressed as a number between 0 and 1.

Sample Size

Sample size is the number of observations or elements chosen from a population for analysis, which can affect the accuracy and reliability of statistical results.

Population Size

The total number of individuals or units in the group that a researcher or analyst is interested in studying.