Recent Outsourcing Trends Have Shown an Increasing Emphasis on the Suppliers

question 54

Multiple Choice

Recent outsourcing trends have shown an increasing emphasis on the suppliers for all of the following except:

• A)Further cost reductions
• B)Increased quality of work performed
• C)Increased ability to collaborate
• D)Increased ability to work together
• E)All of these are recent trends

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Definitions:

Recession of 2001

A period of economic decline observed in 2001, marked by a decrease in industrial production, consumer spending, and several instances of bankruptcy, largely influenced by the bursting of the dot-com bubble.

Output

The aggregate output of goods and services generated by an economy.

Inflation Rate

The percentage rate at which the general level of prices for goods and services is rising, eroding purchasing power over time.

Unemployment Rate

The percentage of the labor force that is jobless and actively seeking employment, serving as a key indicator of labor market performance.