Outsourcing the Performance of Value Chain Activities Presently Performed In-House

question 65

Multiple Choice

Outsourcing the performance of value chain activities presently performed in-house to outside vendors and suppliers makes strategic sense when

• A) an activity can be performed better or more cheaply by outside specialists.
• B) it allows a company to focus on its core business and leverage its key resources.
• C) outsourcing won't adversely hollow out the company's technical know-how,competencies,or capabilities while it improves organizational flexibility and speeds time to market.
• D) it improves organizational flexibility and speeds time to market.
• E) All of these choices are correct.

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Definitions:

Injunction

A judicial order compelling someone to do or cease doing a specific action.

Employment Contract

A legal agreement between an employer and an employee that outlines the terms and conditions of employment, including duties, compensation, and duration.

Cocktail Waitress

A server who specializes in taking and delivering drink orders, often working in bars, nightclubs, or restaurants.

Express Repudiation

A clear and unequivocal refusal to perform contractual obligations, indicating to the other party that the contract will not be honored.