Which of the Following Is an Advantage of Outsourcing

question 105

Multiple Choice

Which of the following is an advantage of outsourcing?

• A)Increases technical know-how for future innovation
• B)Reduces costs
• C)Increases degree of control
• D)Reduces vulnerability of your strategic information

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Definitions:

Federal Budget Deficit

The federal budget deficit occurs when a government's expenditures exceed its revenues within a fiscal year, leading to borrowing or debt accumulation.

Federal Budget Surplus

A situation in which the government's revenue exceeds its expenditures during a fiscal year.

Conservatives

A political and social philosophy that advocates for preserving traditional institutions, values, and practices, emphasizing stability and continuity.

MPC

Marginal Propensity to Consume, which represents the proportion of an increase in income that gets spent on consumption instead of being saved.