According to Matthew Slaughter, as Reported in the Case in Point

question 27

Multiple Choice

According to Matthew Slaughter, as reported in the Case in Point on outsourcing, which of the following is a reason that suggests outsourcing might actually increase domestic employment?

• A) Reduced costs make domestic firms more likely to expand the quantities they produce.
• B) Lower costs may lead firms to increase the scale of their operations which could generate more domestic employment.
• C) A firm that engages in outsourcing is likely to increase its scope of operations.
• D) all of the above

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Definitions:

Tolerate Failure

The capacity of an organization or system to endure and learn from failures without suffering catastrophic consequences.

Value Engineering

A systematic approach to improve the 'value' of products or services by using an examination of function. Value can be increased by either improving the function or reducing the cost.

Quality Function Deployment (QFD)

A process for determining customer requirements (customer “wants”) and translating them into the attributes (the “hows”) that each functional area can understand and act on.