Which of the Following Is Not One of the Top

question 168

Multiple Choice

Which of the following is not one of the top ten reasons companies outsource their operations?

• A)More effective than producing all the components of a product
• B)Provides a cash infusing as freed-up assets are sold
• C)Provides world-class capabilities at lower cost
• D)Transfers a portion of business risk to an outsource provider

Recognize the role and implications of the parol evidence rule in contractual agreements.

Identify exceptions to the statute of frauds and the parol evidence rule.

Understand the impact of electronic transactions on traditional concepts of written contracts.

Recognize the enforceability of oral agreements under specific conditions.

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Definitions:

Unit Cost

The expenditure a business incurs in the production, storage, and distribution of an individual unit of a certain product or service.

Deadweight Loss

A loss of economic efficiency that occurs when the optimal quantity of a good is not produced.

Tax

A compulsory financial charge or some other type of levy imposed upon a taxpayer by a governmental organization in order to fund government spending and various public expenditures.

European Countries

Nations located on the continent of Europe, known for diverse cultures, languages, and economies.