Podcast
Questions and Answers
Which of the following best describes outsourcing?
Which of the following best describes outsourcing?
- A specialized business that focuses on specific tasks
- A network of companies collaborating together
- An overseas firm acting as a subcontractor for another country
- A corporation turning over responsibility for production to independent suppliers (correct)
What is the fundamental reason for outsourcing?
What is the fundamental reason for outsourcing?
- To take advantage of specialization in different parts of the world (correct)
- To expand the company's network
- To increase efficiency by streamlining processes
- To reduce costs by hiring cheaper labor
What does Enterprise Application Architecture aim to automate?
What does Enterprise Application Architecture aim to automate?
- Processes that are only internal to the organization
- Processes related to information systems
- Processes that span multiple business functions and organizational levels (correct)
- Processes within a single division of a company
What does ERP (Enterprise Resource Planning) system consolidate within a company?
What does ERP (Enterprise Resource Planning) system consolidate within a company?
What are the factors included in the Leavitt Diamond model?
What are the factors included in the Leavitt Diamond model?