Which of the Following Is NOT One of the Major

question 81

Multiple Choice

Which of the following is NOT one of the major outsourcing errors that should be avoided?

• A) failure to keep core activities inhouse
• B) selecting the wrong vendor
• C) writing a poor contract
• D) micromanaging the outsourced activity to maintain control
• E) overlooking personnel issues

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Definitions:

Return on Investment Model

A performance measure used to evaluate the efficiency or profitability of an investment or compare the efficiency of several different investments.

BVI

An abbreviation often denoting the British Virgin Islands, but it can have other meanings in different contexts; without specific context, its definition is not clear.

Profit

The financial gain obtained when the revenue from a business activity exceeds the expenses, costs, and taxes needed to sustain the activity.

Costs Money

Costs money is a term indicating that something requires payment or expenditure to obtain or maintain.