Which of the Following Minimize the Risks of Outsourcing the Production

question 93

Multiple Choice

Which of the following minimize the risks of outsourcing the production of a part?

• A)the use of short-term contracts that specify price
• B)the responsibility for on-time delivery is now the responsibility of the supplier
• C)building close relationships with the supplier
• D)All of the above minimize the risks of outsourcing.

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Definitions:

Freak Airplane Accident

An unusual and unexpected airplane incident resulting in damage or injury.

Contract Frustration

A legal concept that occurs when unforeseen circumstances prevent the fulfillment of a contract, thus releasing the parties from their contractual obligations.

Contract Repudiation

The refusal to perform duties or obligations under a contract, which can lead to legal actions for breach of contract.

Breach

A violation or infraction of a law, duty, or agreement.