________ occurs when a firm decides to utilize other firms to perform value-creating activities that were previously performed in-house.
A) Offshoring
B) A global strategy
C) Outsourcing
D) A transnational strategy

Question

Quizplus · Accepted Answer

Outsourcing occurs when a firm decides to utilize other firms to perform value-creating activities that were previously performed in-house. It may be a new activity that the firm is perfectly capable of doing but chooses to have someone else perform for cost or quality reasons. Outsourcing can be to either a domestic or foreign firm.

________ Occurs When a Firm Decides to Utilize Other Firms