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Week 4 - Quiz

Authored by Ndinanake Udom

Business

University

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Week 4 - Quiz
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33 questions

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1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which of the following best describes outsourcing, according to the provided materials?

Expanding a company's operations to a foreign country.

Hiring employees in a different country to perform tasks remotely.

Contracting with an external organization to perform specific tasks or functions.

Establishing a subsidiary in an international market.

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

For Candela's company, which of the following is a primary aim often associated with outsourcing?

Increasing direct control over production processes.

Lowering operational expenses by leveraging external expertise.

Enhancing internal skill development within the company.

Expanding the company's physical infrastructure.

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

According to the slides, what is a key benefit that allows companies like Diego's to concentrate on their main activities when they outsource?

Increased bureaucracy.

Reduced specialization.

Focus on core competence.

Greater operational risks.

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Harumi's organization is considering outsourcing. Which of the following is presented as a potential pro of this strategy?

Potential risks to intellectual property.

Communication barriers with the external provider.

Cultural differences impacting collaboration.

Access to specialized skills and talent.

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Leo's company decided to outsource its customer service to a firm in another country with lower wages. This is primarily an example of which potential benefit of outsourcing?

Increased efficiency due to internal focus.

Enhanced flexibility in scaling operations.

Cost savings through reduced labor expenses.

Access to a wider range of technological resources.

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Nayeon's business needs to quickly adjust its production capacity based on fluctuating market demand. How can outsourcing potentially assist with this?

By creating long-term fixed contracts with external providers.

By making it more difficult to alter production schedules.

By offering flexibility to scale operations up or down as needed.

By increasing reliance on internal resources.

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Saori's company is considering offshoring. According to the slides, what is a significant driver for this strategy, particularly in countries with lower wages?

Increased complexity in supply chain management.

Difficulty in maintaining quality control standards.

Potential for negative public relations.

Lower labor costs.

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