Outsourcing and Offshoring

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FlatterHawkSEye
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Which of the following best describes outsourcing?

A corporation turning over responsibility for production to independent suppliers

What is the fundamental reason for outsourcing?

To take advantage of specialization in different parts of the world

What does Enterprise Application Architecture aim to automate?

Processes that span multiple business functions and organizational levels

What does ERP (Enterprise Resource Planning) system consolidate within a company?

Every team within the company

What are the factors included in the Leavitt Diamond model?

Information technology use, organizational form, requisite people skills, business processes

Test your knowledge on outsourcing and offshoring with this quiz! Explore the reasons why corporations choose to outsource, the role of overseas firms as subcontractors, and the concept of specialization in business. Discover how companies are adapting to a changing global landscape.

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