When a Company Is Outsourcing a Process,resources Are Freed Up

question 138

Multiple Choice

When a company is outsourcing a process,resources are freed up so they can be put to another use.The alternative use is considered to be

• A)an opportunity cost.
• B)a sunk cost.
• C)a outsource windfall.
• D)a fixed cost.

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Definitions:

eBay

An online marketplace and auction platform that allows individuals and businesses to buy and sell a wide variety of goods and services.

Service

An intangible act or use of expertise provided to meet the needs or wants of others, often in exchange for payment.

Small-batch Production

A manufacturing technique focused on producing small quantities of products, allowing for customization and flexibility.

Continuous-process Production

A manufacturing method where raw materials are processed in a continuous flow through various stages to produce finished products.