What is the primary difference between outsourcing agreements and procurement agreements?
A) Outsourcing agreements provide for the purchase of finished goods while procurement agreements provide for the purchase of raw materials.
B) Outsourcing agreements are generally broader in scope than procurement agreements.
C) Procurement agreements must be approved by the government of the country where the procurements are to be made,but outsourcing agreements do not require approval.
D) Procurement agreements seek to obtain tangible goods while outsourcing agreements are limited to services.
Correct Answer:
Verified
Q5: An important use of joint ventures in
Q6: How can MNCs preemptively deflect the enactment
Q7: A simple international transaction that involves the
Q8: Usually the steps that a firm takes
Q9: What is a "greenfield" project?
A)A greenfield project
Q11: A real option that is often involved
Q12: How does a nation limit foreign investment
Q13: Specific technologies that an MNC may need
Q14: If an MNC and a local firm
Q15: Disruptions in commodity prices and inflation are
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents