Outsourcing Strategies Can Offer Such Advantages as

question 107

Multiple Choice

Outsourcing strategies can offer such advantages as

• A)increasing a company's ability to strongly differentiate its product and be successful with either a broad differentiation strategy or a focused differentiation strategy.
• B)obtaining higher quality and/or cheaper components or services, improving a company's ability to innovate, and reducing its risk exposure.
• C)speeding a company's entry into foreign markets.
• D)permitting greater use of strategic alliances and collaborative partnerships.
• E)giving a firm more direct control over the costs of value chain activities.

---

Definitions:

Quantitative Technique

refers to mathematical models, statistical methods, and computational algorithms used to analyze numerical data, allowing for decision making based on quantitative information.

Break-even Analysis

An examination to determine the point at which revenue received equals the costs associated with receiving the revenue, indicating no net loss or gain.

Total Revenues

Total revenues refer to the sum of all income generated by a business from its sales or services before any expenses are subtracted.

Territory Analysis Software

Digital tools designed to help businesses analyze and manage their sales territories, including customer distribution, sales potential, and resource allocation.