Which of the Following Is the Most Likely Reason Why

question 67

Multiple Choice

Which of the following is the most likely reason why companies outsource?

• A) Tap outside sources of expertise
• B) Concentrate resources on core business
• C) Reduce headcount and related expenses
• D) Better manage the costs of internal processes

Recognize the importance of gender, ethnicity, class, and other social factors in language variation.

Understand the definition and calculation of risk premium in the investment context.

Grasp the concept of diversification and how it impacts risk management in portfolios.

Recognize the importance of considering the probability of various economic scenarios in the expected return of a portfolio.

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Definitions:

Unemployment Rate

The statistic representing the percentage of the labor force that is out of work but seeking employment.

World War II

A global conflict lasting from 1939 to 1945, involving most of the world's nations including all of the great powers, eventually forming two opposing military alliances: the Allies and the Axis.

Social System

A complex set of human relationships interacting in many ways within a community or society.

Scarcity

The fundamental economic problem of having seemingly unlimited human wants in a world of limited resources.