Outsourcing Is Used When

question 11

Multiple Choice

Outsourcing is used when:

• A)The project has a project manager who can coordinate vendor efforts
• B)There is a desire to build in-house skills
• C)In-house functional and technical skills exist
• D)The business need is not core to the business
• E)None of the above

---

Definitions:

Blanket Inventory Lien

A legal claim on all inventory items of a borrower by a lender as collateral for a loan.

Commercial Paper

A type of unsecured, short-term debt instrument issued by corporations, typically used for the financing of payroll, accounts payable, and inventories.

Best Interest Rate

The most favorable interest rate available to a borrower based on their creditworthiness and market conditions.

Secured Loan

A loan backed by collateral, providing the lender with a form of security that can be claimed if the borrower fails to repay the loan.