_____ Involves Contracting with Another Company, Usually in a Low-Cost

question 8

Multiple Choice

_____ involves contracting with another company, usually in a low-cost country abroad, to have it perform a work activity the organization previously performed itself, such as manufacturing, marketing, or customer service.

• A)Empowering
• B)Outsourcing
• C)Stratifying
• D)Controlling
• E)Innovating

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Definitions:

Offer

A proposal presented by one party to another as a basis for negotiations towards a contract, indicating a willingness to enter into an agreement under specified terms.

Time Condition

A provision in a contract that stipulates that certain obligations or conditions must be fulfilled within a specified timeframe.

Flexible Contracts

Employment or service contracts allowing for adaptability in terms of job roles, work hours, and employment periods.

Detailed Contracts

Contracts that explicitly outline all conditions, clauses, obligations, and specifications agreed upon by the parties involved, minimizing ambiguity.