Which of the Following Would Be a Good Reason to Outsource

question 30

Multiple Choice

Which of the following would be a good reason to outsource (buy) versus making?

• A)A firm lacks the technology or expertise to produce an item
• B)To utilize existing capacity within a company's own firm
• C)To have more direct control over the design and production of an end item
• D)No competent supplier presently produces the needed item

Recognize the role of expected rate of return in investment choices and how it compares with interest rates.

Learn how certainty and uncertainty in the market impact investment spending.

Know how to calculate the future and present values of money based on current interest rates.

Define investment in economic terms and distinguish it from general financial transactions.

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Definitions:

Mystical Sources

References or origins attributed to supernatural or esoteric forces beyond the common understanding of reality.

Value Sets

Collections of guiding principles or standards of behavior that are viewed as important by individuals or groups.

Hindu Culture

A rich and varied tradition encompassing the religious, social, artistic, and philosophical elements of the Hindu people.

Castism

An ideology and system that divides people into rigid hierarchical groups based on their birth or descent, often associated with South Asia and specifically Hindu society.