Cost savings is considered a key driver for outsourcing by most companies
Indicate whether the statement is true or false
a. True
b. False
ANSWER: True
Many executives have said that outsourcing leads to corporate growth, efficiency, productivity, and revenue growth. Most companies see cost savings as a key driver for outsourcing.
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General Electric Corp. developed a(n) _____ that helps nonexperts to identify common metals and alloys outside laboratories.
A. decision support system (DSS) B. enterprise resource planning (ERP) system C. expert system (ES) D. supply chain management (SCM) system
Which dimension, of Hofstede’s Dimensions, focuses on the degree to which employees feel they have the right to live their lives as they see fit, choose their own values, and act on their own judgment?
a. The individualist-collectivist b. Long- or short-term orientation c. Level of uncertainty avoidance d. High/Low power distance
According to McClelland, the most important needs for managers are the needs for
A. existence, relatedness, and growth. B. equity and fair treatment. C. achievement, affiliation, and power. D. motivation and hygiene. E. self-actualization and ego.
If annual demand increases by 100%, the average inventory held in a system governed by the EOQ model is:
A) increased 100%. B) decreased by 100%. C) decreased by 50%. D) increased by 40%.