To ensure the easy transfer of important competitive information between a firm and its outsourcing contractors,the firm should
A)exchange hostages.
B)use parallel sourcing.
C)lengthen the supply chain.
D)develop trust.
E)become a virtual corporation.

Question

Quizplus · Accepted Answer

Developing trust between the firm and its outsourcing contractors is crucial in ensuring the easy transfer of important competitive information. Trust can be established through building strong relationships, effective communication, and demonstrating accountability and reliability. The other options, such as exchanging hostages or lengthening the supply chain, are not effective or ethical solutions for transferring information, while parallel sourcing and becoming a virtual corporation may not necessarily address the issue of transferring important competitive information.

To Ensure the Easy Transfer of Important Competitive Information Between