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.

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Definitions:

Social Processes

Patterns of social interactions and behaviors among individuals and groups, shaping societal norms and relationships.

New-Car Buying

The process of researching, locating, and purchasing a brand-new vehicle, typically involving comparison of models, test drives, and negotiation of terms.

Influence

The capacity to have an effect on the character, development, or behavior of someone or something, or the effect itself.

Percentage

A portion of 100, used to define a fraction of a total amount in terms of hundredths.