Outsourcing

question 44

Multiple Choice

Outsourcing:

• A) eliminates the need for a value chain.
• B) reduces the firm's dependence on its value chain.
• C) reorders the steps in a firm's value chain.
• D) moves some value chain activities outside the firm.
• E) strengthens the firm's capabilities in each value chain function.

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Definitions:

Social Interaction

The process by which individuals act and react in relation to others, forming the basis of social relationships and society.

Instrumental Communication

Communication that is directed toward completion of tasks or the achievement of specific objectives.

Ends in Themselves

A concept in moral philosophy, often associated with Immanuel Kant, that individuals or beings have an intrinsic value and should not be used merely as means to an end by others.

Trust

A firm belief in the reliability, truth, ability, or strength of someone or something.