According to the Textbook,why Did CIBC Make the Decision to Outsource

question 83

Multiple Choice

According to the textbook,why did CIBC make the decision to outsource major portions of its HR functions?

• A)to downsize employees and increase efficiency
• B)to avoid capital expenses and increase cultural fit
• C)to cut costs and increase productivity
• D)to improve service and increase automation

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Definitions:

Egocentrism

A cognitive trait where an individual has difficulty understanding that other people have their own perspectives and viewpoints.

Fixation

A persistent focus of the id’s libido energies on a particular stage of psychosexual development, leading to personality traits based on that stage.

Pessimism

The tendency to see the worst aspect of things or believe that the worst will happen; a lack of hope or confidence in the future.

Humility

The quality of having a modest or low view of one's importance, often seen as a virtue in various ethical and philosophical systems.