When a Company Uses Outsourcing to Zero in on Even

question 95

Multiple Choice

When a company uses outsourcing to zero in on even better performance of those truly strategy-critical activities where its expertise is most needed, then it may also be able to

• A)create a values-based corporate culture that excels in product innovation.
• B)decrease internal bureaucracies, flatten its organizational structure, and shorten the time it takes to respond to changing market conditions.
• C)devote more resources to its social responsibility strategy, better empower employees, and reduce employee turnover.
• D)better police compliance with ethical standards, lower overall operating costs, and create two or more distinctive competencies.
• E)reduce the potential for information overload and improve the quality of decision-making in each domain.

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Definitions:

Supplier Performance

It involves evaluating the efficiency and effectiveness of a supplier in terms of product quality, delivery timeliness, and cost management.

Purchasing Manager

A professional responsible for sourcing goods and services for a company, negotiating contracts, and managing supply chain relations.

Appropriate Suppliers

Vendors or providers that meet specific criteria for quality, reliability, and ethical standards, suitable for a business's needs.

Transportation Of Goods

The process of moving products from one location to another, often involving various modes of transport such as trucks, ships, or planes.