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.

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Definitions:

Enforceable Contract

A legally binding agreement that can be upheld and compelled in a court of law.

Negotiability

The quality of a financial instrument that allows it to be transferred from one party to another with minimal legal restrictions.

Sum Certain

A specified, fixed amount of money that is agreed upon in a financial or legal document, leaving no ambiguity regarding the amount.

Requirements

Specific criteria or conditions that must be met in order to fulfill an agreement or complete a project.