Outsourcing Is a Management Innovation That Emphasizes

question 28

Multiple Choice

Outsourcing is a management innovation that emphasizes:

• A) vertical integration of production and service.
• B) assignment of management and production responsibilities to another firm.
• C) reduction of purchases of resources to the bare essentials.
• D) hiring only managers educated in another state.

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Definitions:

Allegations

Claims or assertions that someone has done something illegal or wrong, typically without proof.

Merger

The combination of two or more companies into a single corporate entity, often to achieve greater efficiencies and market share.

Competitor

An entity (either a person or an organization) that competes with others for market share in an industry by offering similar or better products or services.

Integrated Production

A system of production where various processes are interconnected and work harmoniously to improve efficiency and output.