The Reasons Given for Backsourcing Are Similar to the Reasons

question 35

True/False

The reasons given for backsourcing are similar to the reasons given for outsourcing in the first place.

---

Definitions:

Demand

The desire and willingness of consumers to purchase goods or services at a given price over a specific time period.

Capacity

Pertains to the highest amount of production a business can maintain for creating a product or delivering a service.

Supply Chain

A network between a company and its suppliers to produce and distribute a specific product to the final buyer, involving the flow of materials, information, and finances.

Efficiency

The degree to which an organization or process accomplishes its intended goals with a minimum of waste, expense, or unnecessary effort.