Which of the Following Statements About Outsourcing and Offshoring Is

question 23

Multiple Choice

 Which of the following statements about outsourcing and offshoring is true?

• A) Offshoring guarantees higher profits for a business.
• B) Managers always account for the risks in offshoring a process.
• C) Outsourcing is not a complicated issue.
• D) Offshoring is used to lower costs in a firm's value chain.

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Definitions:

Algebraic Equation

A mathematical statement that shows the equality of two expressions, which are connected by an equals sign and involve at least one variable.

Formal-operational Thinking

Formal-operational thinking is a stage described by Jean Piaget where individuals (typically adolescents and adults) develop the ability to think abstractly, logically, and systematically.

Piagetian Stage

One of the stages in Jean Piaget's theory of cognitive development, which describes how children's abilities to think and reason change as they grow older, including sensorimotor, preoperational, concrete operational, and formal operational stages.

Adolescence

The transitional stage of physical and psychological development that generally occurs during the period from puberty to legal adulthood.