Outsourcing

question 60

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:

Working memory

A cognitive system responsible for temporarily holding information available for processing, crucial for reasoning and the guidance of decision-making and behavior.

Associative ability

Describes the capacity to learn and understand how different concepts, ideas, or symbols are connected, facilitating learning and memory processes.

Cataracts

A condition resulting in the clouding of the lens in the eye, which leads to a decrease in vision.

Clouding of the lens

A condition, often referred to as cataract, where the eye's lens becomes opaque or cloudy, leading to decreased vision.