What Are Two Primary Reasons Why Organizations Outsource

question 86

Multiple Choice

What are two primary reasons why organizations outsource?

• A)financial savings and strategic focus
• B)strategic focus and restructuring
• C)access to advanced technology and ability to service remote locations
• D)improved internal and external service levels

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Definitions:

FDA Approval

FDA approval is the authorization granted by the U.S. Food and Drug Administration for a drug or medical device to be marketed or sold after it has been proven safe and effective for use.

Net Revenue

The total income generated from business activities after subtracting the costs of goods sold and operational expenses.

Expected Value

A calculated average outcome of a random variable, taking into account all possible values and their probabilities.

Sample Information

Data or observations collected from a subset of a larger population, used to estimate or infer characteristics about the whole population.