____ is an example of outsourcing.
A) Moving a production plant to Taiwan
B) Hiring a graphic design company in India to create your product's packaging
C) Setting up satellite warehouses for your company in Seattle,Chicago,and Atlanta
D) Buying office supplies from a company in Hong Kong

Question

Quizplus · Accepted Answer

Outsourcing refers to the practice of obtaining goods or services from an outside supplier instead of producing them in-house. Hiring a graphic design company in India to create your product's packaging is an example of outsourcing. Moving a production plant to Taiwan involves investing in a foreign country, while setting up satellite warehouses in different locations is an example of decentralization. Buying office supplies from a company in Hong Kong is a simple procurement decision.

____ Is an Example of Outsourcing