Which of the Following Is an Example of Outsourcing

question 359

Multiple Choice

Which of the following is an example of outsourcing?

• A) A U.S. firm moves a manufacturing plant from the U.S. to Thailand where the firm can hire cheaper labor.
• B) A German firm hires an accountant in the U.S. to manage its payrolls.
• C) All the above are examples of outsourcing.
• D) None of the above is an example of outsourcing.

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Definitions:

Per Copy

"Per copy" refers to the cost or price of each individual unit when items are produced, sold, or purchased in multiple units or batches.

Multiple Regression Model

A statistical technique that uses several explanatory variables to predict the outcome of a response variable.

Dependent Variable

A variable whose value depends on that of another, used in experiments to test the effects of changes in an independent variable.

Regression Analysis

A statistical method for estimating the relationships among variables, often used for forecasting and predicting outcomes.