By __________ non-core business activities, organizations will be able to lower the supply chain costs and simultaneously will be able to focus more on their core competencies.

Question

Quizplus · Accepted Answer

Outsourcing non-core activities allows organizations to reduce supply chain costs by transferring those activities to specialized companies who can perform them more efficiently and at a lower cost. This, in turn, frees up resources and allows the organization to focus on its core competencies, potentially improving overall business performance. Diversifying, innovating, and increasing activities may not necessarily lead to lower supply chain costs or improved focus on core competencies.

By __________ Non-Core Business Activities, Organizations Will Be Able to Lower