Outsourcing:
A) occurs primarily in large manufacturing firms in the private sector,but is rarely practiced in public purchasing.
B) may reduce operating costs,improve focus on core competencies,and gain access to world-class capabilities.
C) decisions are based on cost-benefit analysis.
D) usually results in increased hiring to attain expertise that the organization does not already possess.
E) is a low risk initiative because the firm can always revert back to performing the function in-house.
Correct Answer:
Verified
Q1: The type(s)of procurement outsourcing contracts include:
A)procure-to-pay (P2P).
B)source-to-contract
Q2: Insourcing should be considered when:
A)assurance of supply
Q4: Concerns about outsourcing include:
A)supply's ability to provide
Q5: In an outsourcing decision,developing and negotiating the
Q6: In a service triad:
A)the service supplier and
Q7: Some of the reasons an organization may
Q8: An organization may decide to continue to
Q9: When a team has decided that a
Q10: Subcontracts can only occur:
A)in government procurement.
B)if there
Q11: A procurement outsourcing contract that covers approval
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