As a Type of Intra-Firm Sourcing, _____________________ Is When a Company

question 28

Multiple Choice

As a type of intra-firm sourcing, _____________________ is when a company procures major components from its foreign subsidiary.

• A) domestic in-house sourcing
• B) offshore subsidiary sourcing
• C) domestic purchasing arrangement
• D) offshore outsourcing (offshore sourcing)
• E) export management company

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Definitions:

Money Supply

The aggregate volume of currency resources present in an economy at any given time, covering cash, coins, and the funds in checking and savings accounts.

Fed

Short for the Federal Reserve System, which is the central banking system of the United States responsible for monetary policy.

Government Securities

Debt instruments issued by a government to finance its expenditures, offering a return to investors.

Simple Money Multiplier

The reciprocal of the required reserve ratio, or 1/r; the maximum multiple of fresh reserves by which the money supply can increase.