Multiple Choice QuestionWhich statement is false about outsourcing?Multiple choice question.Outsourcing is the contracting of manufacturing services.Increasingly, outsourcing has become a component of supply chain management.Outsourcing can be with manufacturers overseas.Outsourcing is one of three inventory management systems.

Which of the following is NOT true about outsourcing?Group of answer choicesIt is a cost-cutting techniqueIt involves transferring jobs overseasIt brings jobs to high-income countriesAll the above are true about outsourcing

Multiple Choice QuestionThe contracting of manufacturing or other tasks to independent companies outside of the firm is referred to as ______.Multiple choice question.supply chain managementoutsourcingcapacity managementinventory control

Which of the following is not typically a reason for outsourcing?Multiple ChoiceInsufficient capacity to produce internallyLess time needed to coordinate supply-related activitiesTo focus on core activities and outsource othersSuppliers have more knowledge and expertise

A financially driven reason for outsourcing is that it can reduce costs through a lower cost structure.Question 38Answera.TRUEb.FALSE

Multiple Choice QuestionWhat term describes the situation when an American firm transfers manufacturing and other tasks to companies in countries where labor costs are less expensive?Multiple choice question.OutsourcingExportingCountertradingFranchising