Outsourcing Occurs When a Firm

question 31

Multiple Choice

Outsourcing occurs when a firm

• A) buys one of its rivals.
• B) merges with one of its suppliers.
• C) enters into a joint venture with a rival.
• D) hires another firm to perform value-creation activities on its behalf.
• E) enters into contracts with two suppliers simultaneously.

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Definitions:

Independent

In a statistical context, refers to variables or events that are not influenced by other variables in a study; their occurrence does not depend on another.

ANOVA Table

A tabular representation used in the analysis of variance to summarize the sources of variation among group means.

F Statistic

A value calculated in ANOVA tests that compares the variability between group means over the variability within groups, used to determine statistical significance.

Simple Linear Regression

An analytical technique that represents the association between two variables by applying a linear formula to collected data.