Which of the following is an example of insourcing?
A) a pharmaceutical company's research team developing a new patent using current resources
B) a smartphone manufacturing company factoring its receivables as a source of capital
C) a large conglomerate company selling a business wing to its competitor
D) a petrochemical company assigning a vendor to make software for its supply chain management

Question

Quizplus · Accepted Answer

Insourcing refers to assigning a task or project to an in-house team rather than outsourcing it to a third-party organization. Option A is an example of insourcing because the pharmaceutical company is using its own resources (research team) to develop a new patent.

Which of the Following Is an Example of Insourcing