It is common that outsourcing arrangements are done or organized in the form of_______________________.Select one:a.mergers and acquisitionsb.equity strategic alliancec.nonequity strategic allianced.joint ventures
Question
It is common that outsourcing arrangements are done or organized in the form of_______________________.Select one:a.mergers and acquisitionsb.equity strategic alliancec.nonequity strategic allianced.joint ventures
Solution
The common form of organizing outsourcing arrangements is through d. joint ventures. In a joint venture, two or more businesses pool their resources and expertise to achieve a particular goal. The risks and rewards of the enterprise are also shared. The reasons behind this approach include business expansion, development of new products or moving into new markets, particularly overseas.
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