Which of the following statements about outsourcing is true?
I. Outsourcing is the process of finding external suppliers
II. Outsourcing is not very common in today's business world
III. Outsourcing is used for manufactured goods, but not for services
A) I only
B) I and III only
C) II and III only
D) I, II, and III

Question

Quizplus · Accepted Answer

Statement I is true, as outsourcing is indeed the process of finding external suppliers. Statement II is false, as outsourcing is a very common practice in today's business world. Statement III is false, as outsourcing is used for both manufactured goods and services. Therefore, the only true statement is I.

Which of the Following Statements About Outsourcing Is True