When a Multinational Corporation Buys Products or Services from One

question 88

Multiple Choice

When a multinational corporation buys products or services from one of its suppliers that produces them somewhere else, whether domestically or globally, it is referred to as

• A) offshoring.
• B) insourcing.
• C) outsourcing.
• D) co-sourcing.

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Definitions:

Ethnography

The scientific description of the customs of individual peoples and cultures, often involving participant observation.

Typology

A classification system used to categorize objects, concepts, or people based on common characteristics.

Sociogram

A visual representation or diagram highlighting the relationships and interactions within a group, often used in social network analysis.

Metaphor

A figure of speech in which a word or phrase is applied to an object or action to which it is not literally applicable, often to suggest a resemblance.