A Reason That Outsourcing Has Become an Increasingly Common Option

question 51

Multiple Choice

A reason that outsourcing has become an increasingly common option for companies is:

• A) it helps companies to focus scarce resources on their core competencies.
• B) it avoids problems of different languages or cultures.
• C) it enhances flexibility.
• D) two of the above.
• E)all of A, B, and C.

---

Definitions:

Marginal Product Data

Information that shows the additional output generated by adding one more unit of a factor of production, holding all else constant.

Purely Competitive Market

A market structure characterized by a large number of buyers and sellers, homogeneous products, and no barriers to entry or exit, which leads to competitive pricing.

Maximize Profits

The goal of firms to achieve the highest possible profit by adjusting production and pricing strategies.

Marginal Product Data

Information related to the additional output generated by employing one more unit of a particular input.