Outsourcing and marketing worldwide enable firms to
A)develop new markets.
B)reduce input costs.
C)manage effects of peaks and valleys in local economies.
D)all of the above.

Question

Quizplus · Accepted Answer

Outsourcing and marketing worldwide allow firms to develop new markets by expanding their customer base beyond their local region, reduce input costs by taking advantage of lower labor and production costs in other countries, and manage the effects of peaks and valleys in local economies by diversifying their operations globally. Therefore, all of the above options are correct.

Outsourcing and Marketing Worldwide Enable Firms to