Outsourcing involves:
A)selling a value-creating activity to other firms in an industry
B)selling a value-creating activity to other firms, regardless of their industry
C)purchasing a value-creating activity from an external supplier
D)using computers to obtain data from the internet

Question

Quizplus · Accepted Answer

Outsourcing involves purchasing a value-creating activity from an external supplier, typically in order to reduce costs or improve efficiency. Option A describes inter-firm cooperation, not outsourcing. Option B is too broad and does not necessarily involve outsourcing. Option D describes using technology to access information, but not outsourcing.

Outsourcing Involves