A firm that brings in outside companies to accomplish supply chain activities is using ________.

Question

Quizplus · Accepted Answer

Outsourcing is when a company brings in outside firms to handle specific aspects of its business, such as supply chain activities. Insourcing refers to the opposite practice of handling such activities in-house. Level loading refers to scheduling production in a way that evens out the workload over time, while intensive distribution refers to making a product available to as many outlets as possible. Exclusive distribution, on the other hand, restricts the number of outlets allowed to sell the product.

A Firm That Brings in Outside Companies to Accomplish Supply