Select all that applyA small firm might use outsourcing becauseMultiple select question.it cannot keep track of all the functions involved in running the businessa particular task could be more expensive if done in-houseit does not have the in-house expertise for a particular task

Select all that applyContract-based outsourcing can introduce problems becauseMultiple select question.a company may have a difficult time monitoring the work of the outside company.the outside company may lack incentive to meet the needs of the outsourcing company.issues arising from delays and budget overruns may be difficult to resolve.the outside company may be better at performing the outsourced operation.

Select all that applyOutsourcing is a recommended strategy when an activityMultiple select question.costs more to perform externally than internally.is not crucial to the company's ability to sustain its competitive advantage.is crucial to a firm's capacity to sustain its competitive advantage.can be performed more efficiently by outside specialists.

Most organizations are not in business to provide information technology services, yet many have spent valuable time and resources on information technology functions when they should have instead worked on important competencies such as marketing, customer service, and new product design. Outsourcing helps tackle this problem. Which benefit does outsourcing primarily provide in such a scenario?Group of answer choicesFalseprotects strategic information from being accessible to external suppliersincreases accountability even without a written contracthelps focus on an organization’s core businessreduces fixed and recurrent costs

Which of the following is not typically a reason for outsourcing?Multiple ChoiceInsufficient capacity to produce internallyLess time needed to coordinate supply-related activitiesTo focus on core activities and outsource othersSuppliers have more knowledge and expertise

When is a firm more likely to outsource a particular activity that it otherwise would conduct itself?Group of answer choicesThe particular activity is the most important aspect of the final product.The value generated by the conduct of the activity is minimal in comparison to the total value of the final product.There are very few external agents that can carry out that particular activity.There are many external agents that could perform the activity at the same cost.