WorksheetsOUTSOURCING
Total questions: 15
Worksheet time: 8mins
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
Accounting is an example of a____________.
back-office job
service provider
blue collar job
The manager didn't expect such a (a) after he announced a joint venture with the competitors.
The CEO will try to cut (a) in half by reducing working hours.
Large-scale terminations of employment that are unrelated to job performance is known as___________________.
job creation
labor costs
layoffs
Moving operations from the country where a company is headquartered to a country where pay rates are lower and the necessary skills are available.
Foreign markets
Offshoring
Outsourcing
A planned reduction in the number of employees needed in a firm in order to reduce costs and make the business more efficient is called____________.
layoff
unemployment
downsizing
A benefit of offshoring for developing countries is (a) as it helps to reduce unemployment rates.
Customer name, credit limit, accounts recievable balance, and a log of the financial habits of a person who buys on credit is called_______.
investor friendly
corporate financial information
credit records
Cars, buildings, and technological equipment is an example of ______________ a company has.
assets
demand
data
It is a temporary business association between two or more persons or organizations for profit without forming a permanent partnership.
Help-desk support
Joint venture
Partnership
Exports that are not handled directly by the manufacturer or producer but through an export agent or freight forwarder (intermediaries)
License
Direct export
Indirect export
The company sells directly to a customer in another country.
Direct export
Agreement
Indirect export
An agreement in which one firm gives another firm the right to produce, sell or market its product in a specific country or region.
Joint venture
Licensing agreement
Direct export
Employees whose main contribution to the organization is specialized knowledge, such as knowledge of customers, a process, or a profession
Knowledge workers
Blue collar workers
White collar worker
