Companies That Outsource to the Extent That They Adopt a "Designer

question 67

Multiple Choice

Companies that outsource to the extent that they adopt a "designer role" in global competition (i.e., offer innovations in product design without investing
In manufacturing process technology) have been described by some as being:

• A) vertical corporations.
• B) horizontal corporations.
• C) hollow corporations.
• D) supply and demand corporations.
• E) monopoly manufacturers.

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Definitions:

Aggregate Supply

The aggregate amount of products and services that companies in an economy intend to sell over a particular time frame.

Deficit

A financial situation where expenses exceed income or imports exceed exports.

National Debt

The total amount of money that a country's government has borrowed, by various means, to fund its expenditures beyond what it collects in taxes.

Decreasing Rate

A situation where the rate or speed of a process or value is diminishing over time.