GreenTel,a Telecom Giant,has Been Using the Service of Orpheus Inc

question 24

Multiple Choice

GreenTel,a telecom giant,has been using the service of Orpheus Inc.for training its employees.According to a deal signed by the two companies,Orpheus Inc.is not only responsible for training GreenTel's employees but also for providing comprehensive administrative services to the telecom giant.In this instance,GreenTel engages in _____.

• A) task redefinition
• B) internal analysis
• C) disinvestment
• D) outsourcing

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Definitions:

Total Utility

The total satisfaction received from consuming a certain quantity of a good or service.

Substitution

The act of replacing one good or service with another in response to changes in price or preference, affecting consumer choices and market demand.

MU/P

Refers to the marginal utility per price, a concept in economics that describes the additional satisfaction or utility that a consumer gains from consuming one more unit of a good or service, relative to its price.

Process Innovation

The implementation of a new or significantly improved production or delivery method.