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:

Plane

Refers to a fixed-wing aircraft that is propelled forward by thrust from a jet engine or propeller.

Crew Members

Individuals who form part of a team working together on an aircraft, ship, or spacecraft, performing specific roles and responsibilities.

Personality Disorders

Types of mental disorders characterized by enduring maladaptive patterns of behavior, cognition, and inner experience, exhibited across many contexts and deviating from those accepted by the individual's culture.

Anxiety

An emotion characterized by apprehension, tension, or discomfort, often regarding an upcoming event or a situation with an unpredictable result.