The transfer of some of what are traditional internal activities and resources of a firm to outside vendors is:

Question

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The transfer of some of what are traditional internal activities and resources of a firm to outside vendors is known as outsourcing. It is a common practice used by firms to reduce costs and improve efficiencies. Offshoring, on the other hand, involves moving a company's operations to foreign countries to take advantage of lower labor costs. Keiretsu is a business model used in Japan that involves a group of companies working together for mutual benefit. A is a partial correct statement, as make-or-buy decision is a standard tool in supply chain management, but it doesn't describe the exact scenario mentioned in the question. Option B is incorrect as there is no such ethics code by the Supply Management Institute regarding the outsourcing of internal activities.

The Transfer of Some of What Are Traditional Internal Activities