Outsourcing and Sourcing Have the Same Meaning and Are Often

question 27

True/False

Outsourcing and sourcing have the same meaning and are often used interchangeably.

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Definitions:

Defects Prevention

Strategies or actions taken to identify and mitigate potential flaws in products or services before they reach the consumer.

Zero Defects

A management philosophy aiming at reducing defects and ensuring quality by doing things right the first time.

Real Costs

The total cost of manufacturing or acquiring a product or service, including all expenses such as raw materials, labor, and overhead.

Quality Control

The systematic process to ensure that products or services meet defined standards and requirements through consistent measurement and corrective actions as necessary.