Which of the Following Is True About Outsourcing

question 76

Multiple Choice

Which of the following is true about outsourcing?

• A)Outsourcing became a valid choice after certain methods of production and manufacturing became obsolete.
• B)Outsourcing is a logical choice when a firm simply does not have certain expertise and is not willing to invest time and effort into developing it.
• C)Technological advancements have slowed the momentum of outsourcing being done today.
• D)Statistical forecasting resulted in companies transferring their operations and functions overseas.
• E)Customers began complaining about poor client services which led to companies shifting their operations overseas.

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Definitions:

Nonparametric Procedure

Statistical methods that do not assume a specific distribution for the data, often used when data doesn't fit normal distribution assumptions.

One-Sample T-Test

A statistical test used to determine whether the mean of a sample differs significantly from a known or hypothesized population mean.

Wilcoxon Signed Rank Test

A non-parametric statistical test used to compare two paired samples, to test whether their population mean ranks differ.

Demographic Characteristics

Attributes of populations, such as age, race, gender, and income, often used in research to segment and analyze groups of people.