Which of the Following Best Describes Outsourcing

question 24

Multiple Choice

Which of the following best describes outsourcing?

• A) It refers to contracting with another organization to perform a broad set of services.
• B) It refers to finding cheap resources in another country to gain a competitive advantage.
• C) It refers to using a temporary or contract employee to fill a single job vacancy.
• D) It refers to buying the necessary raw materials needed to conduct business from external suppliers.
• E) It refers to moving operations away from the home location to decrease cost savings.

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Definitions:

Theory

A system of ideas intended to explain something, based on general principles independent of the thing to be explained.

Capitalist System

An economic and social system in which trade, industries, and the means of production are largely or entirely privately owned and operated for profit.

Deviant Behavior

Actions or conduct that deviate from societal norms and expectations, often eliciting negative sanctions.

Unequal Distribution

A situation where resources, wealth, or opportunities are not evenly allocated among all members of a society or group.