Outsourcing is a management innovation that emphasizes:
A)vertical integration of production and service.
B)assignment of management and production responsibilities to another firm.
C)reduction in the purchase of resources to the bare essentials.
D)hiring only managers educated in another state.

Question

Quizplus · Accepted Answer

Outsourcing involves assigning management and production responsibilities to another firm, which can lead to cost savings and increased efficiency. Vertical integration (A) involves bringing multiple stages of production or service provision under the same company, which is the opposite of outsourcing. Choice C describes the concept of minimalism, not outsourcing. Choice D is not related to outsourcing at all.

Outsourcing Is a Management Innovation That Emphasizes