TransCorp Is an IT Firm That Is Looking to Outsource

question 7

Multiple Choice

TransCorp is an IT firm that is looking to outsource its payroll processes.Which of the following statements,if true,would most strengthen the decision to outsource?

• A) Companies in other countries can do the same amount of work at a comparable cost.
• B) Outsourcing has become a trend among most firms in developed nations.
• C) Companies in other countries are more efficient in all aspects of work and are also cost effective.
• D) Firms across the globe are adopting cloud computing systems.
• E) The firm is enjoying good profit margins.

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Definitions:

Expected Gain

The anticipated value or profit that results from a particular action or decision, often calculated in statistical or financial models.

False Negative

An error in test results in which a positive condition is incorrectly reported as negative.

Discrete Probability Distribution

A statistical distribution that shows the probabilities of outcomes with distinct values.

Standard Deviation

A metric that quantifies the spread or variation of a data collection in comparison to its average value.