Outsourcing

question 44

Multiple Choice

Outsourcing:

• A) eliminates the need for a value chain.
• B) reduces the firm's dependence on its value chain.
• C) reorders the steps in a firm's value chain.
• D) moves some value chain activities outside the firm.
• E) strengthens the firm's capabilities in each value chain function.

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Definitions:

Freudian Slip

An unintentional error in speech or action that is believed to reveal subconscious thoughts or desires.

Free Association

A technique in which the patient says whatever comes to mind. In other words, it is a kind of daydreaming out loud.

Loftus's Studies

Research conducted by psychologist Elizabeth Loftus, focusing on the malleability and unreliability of human memory, especially in the context of eyewitness testimony.

False Memories

The phenomena where a person recalls something that did not happen or recalls it differently from the way it actually happened.