When a company uses a supplier outside itself to provide goods and services, it is   

A. outsourcing.
B. countertrading.
C. franchising.
D. licensing.
E. privatizing.


A. outsourcing.

A common practice of many companies, outsourcing is defined as using suppliers outside the company to provide goods and services.

Business

You might also like to view...

Your firm has experienced a decline in sales over the last three quarters. You have traced the problems to distribution inefficiencies. Which of the following should you track to ensure that the firm's distribution efficiency is maximized?

A) average sales per point of sale B) sales from new products C) trial rate D) repurchase rate E) new customer gains

Business

The fraudulent making or alteration of a written document that affects the legal liability of another person is called ________

A) extortion B) larceny C) embezzlement D) forgery

Business

The president of a corporation is an example of a corporate officer

Indicate whether the statement is true or false

Business

Complex problems are those that ____.

A. have no clear boundaries B. are unique C. have no single optimal solution D. all of the above

Business