Which organizational activity performs better than outsourcing with respect to cost savings?Selected answer will be automatically saved. For keyboard navigation, press up/down arrow keys to select an answer.amanagement by objectivesbbalanced scorecardcre-engineeringdcontinuous improvement
Question
Which organizational activity performs better than outsourcing with respect to cost savings?Selected answer will be automatically saved. For keyboard navigation, press up/down arrow keys to select an answer.amanagement by objectivesbbalanced scorecardcre-engineeringdcontinuous improvement
Solution
The answer to this question can vary depending on the specific circumstances of the organization. However, generally speaking, continuous improvement (option d) can often lead to greater cost savings than outsourcing. This is because continuous improvement involves constantly analyzing and improving existing processes, which can lead to increased efficiency and reduced costs over time. On the other hand, while outsourcing can also lead to cost savings, it can also involve additional costs such as management and coordination costs, and the quality of the outsourced work may not always be as high as in-house work. Therefore, continuous improvement may often perform better than outsourcing with respect to cost savings.
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