Which of the Following Scenarios Illustrates the Concept of Outsourcing

question 11

Multiple Choice

Which of the following scenarios illustrates the concept of outsourcing?

• A)TechOn Inc., a company that buys raw materials from a supplier company
• B)BNX Corp., a company that procures raw materials and supplies them to a different company
• C)Virgo Corp., a company that contracts out a business activity to another company
• D)Red Inc., a company that sells all its assets to another company

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Definitions:

Feedback

Information fed back that completes two-way communication.

Perceive Change

The process of recognizing and understanding changes in one’s environment, situation, or in organizational context.

Organizations

Structured groups of people working together towards shared objectives.

Quality Improvement

Ongoing efforts to enhance products, services, or processes to increase satisfaction among users and stakeholders.