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outsourcing

Authored by Bobby Rajani

Business

11th Grade

Used 41+ times

outsourcing
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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The transfering of work from a specific area of the company ( e.g. accounting, manufacturing) to an outside supplier, which can be done to a company that is located in the home country or anywhere else is called______.

Offshoring

Outsourcing

Globalization

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Define outsourcing.

The process by which businesses or other organizations develop international influence or start operating on an international scale
The action of making or manufacturing from components or raw materials, or the process of being so manufactured.
A practice used by different companies to reduce costs by transferring portions of work to outside suppliers rather than completing it internally.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is not correct about "outsourcing?"

It involves a company hiring another country to do certain work activities.
It can reduce labor costs.
It increases costs of producing goods/ services.
Outsourcing countries are often in developing companies.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is an offshore location?

Located in a different country.
Located in a different state.
Located in a different continent.
Located by a body of sea.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Karnataka has 77 engineering colleges producing more than 29,000 graduates a year so there is a large group of skilled ___________.

workers

Indians

locations

activities

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

We are selling more and more of our products abroad, so our export ________ is rising steadily.

process

decrease

growth

activities

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

We decided to outsource software development to an offshore _________ rather than to one in our own country.

location

place

worker

locations

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