Outsourcing Value Chain Activities Has Such Strategy-Executing Advantages as

question 19

Multiple Choice

Outsourcing value chain activities has such strategy-executing advantages as

• A) less internal bureaucracy, speedier decision-making, quicker responses to changing market conditions, and heightened focus on performing a select few value chain activities (which can improve performance of those activities).
• B) facilitating the empowerment of employees (because there are less things to do internally).
• C) promoting a total quality management culture.
• D) reducing the need to establish a strongly implanted corporate culture.
• E) reducing the strategic importance of building valuable core competencies.

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Definitions:

Random Sample

A subset of a statistical population in which each member has an equal chance of being chosen.

Hazardous Waste Site

A designated area where toxic or dangerous waste is stored, treated, or disposed of, often requiring special environmental and health protection measures.

Sample Proportion

The quotient of the number of times an event occurs in a sample to the total number of observations in the sample.

Confidence Interval

A range of values, derived from sample data, that is likely to contain the value of an unknown population parameter with a specified degree of confidence.