TransCorp Is a Medium-Sized IT Firm That Is Looking to Outsource

question 41

Multiple Choice

TransCorp is a medium-sized IT firm that is looking to outsource its payroll processes.Which of the following statements,if true,would most strengthen the decision to outsource?

• A) Companies in other countries can do the same amount of work at a comparable cost.
• B) Outsourcing has become a trend among most firms in developed nations.
• C) Companies in other countries are more efficient in all aspects of work,along with lower cost.
• D) Firms across the globe are adopting cloud computing systems.
• E) The firm is enjoying good profit margins.

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Definitions:

Quantitative Approaches

Methods that involve the use of numerical data and statistical analysis to understand and solve problems.

Managerial Rules of Thumb

Informal guidelines or principles that managers use, based on experience and practice, to make decisions and solve problems.

Mathematical Models

Representations of real-world systems or phenomena using mathematical concepts and language to analyze and predict behaviors.

Bureaucracy

A system of governance or organization characterized by standardized procedures, hierarchical structure, and formal rules.