Which of the Following Is an Example of Insourcing

question 110

Multiple Choice

Which of the following is an example of insourcing?

• A) a pharmaceutical company's research team developing a new patent using current resources
• B) a smartphone manufacturing company factoring its receivables as a source of capital
• C) a large conglomerate company selling a business wing to its competitor
• D) a petrochemical company assigning a vendor to make software for its supply chain management

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Definitions:

Upward Counterfactuals

Hypothetical scenarios that individuals imagine which are better than what actually happened, often used in reflecting on past events.

Downward Counterfactual

Thinking about how a situation could have been worse, often leading to feelings of relief or contentment.

Upward Counterfactual

An imagined alternative in which the outcome is better than what actually happened.

Misinformation Effect

The phenomenon where people's memories of an event can be influenced by incorrect information presented after the event, leading to false recollections.