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Which best describes the practice of outsourcing? | Business Intelligence Questions & Answers

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Which best describes the practice of outsourcing? | Business Intelligence Questions & Answers

Q:

Which of the following is a function of inventory?

 

Answer & Explanation
Answer: D) All the above

Explanation:

All the above given statements are functions of Inventory.

Inventory or stock is the goods and materials that a business holds for the ultimate goal of resale. Inventory management is a discipline primarily about specifying the shape and placement of stocked goods.

The primary function of inventory is to use marketing and production to increase profitability, to get the maximum amount for the business’ investment. There are other functions of inventory, such as balancing supply and demand, improving efficiency, establishing a safety stock and geographical specialization.

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Which best describes the effect of outsourcing on the

Which best describes the effect of outsourcing on the – Which best describes the effect of outsourcing on the labor market in the United States immigration declines … Get the answers you need, now! cephus1 cephus1 05/07/2019 Business Middle School answered Which best describes the effect of outsourcing on the labor market in the United States immigration declines as workers move elsewhereOutsourcing is a practice used by different companies to reduce costs by transferring portions of work to outside suppliers rather than completing it internally.Beware the "hidden costs" of internet technology outsourcing, warns a leading expert on the subject. These costs stem from unexpected changes that require the company to adjust quickly, says

Outsourcing Definition – In business, outsourcing is an agreement in which one company contracts its own internal activity to different company. It involves the contracting out of a business process (e.g. payroll processing, claims processing) and operational, and/or non-core functions (e.g. manufacturing, facility management, call center support) to another party (see also business process outsourcing).Which of the following accurately describes the workforce of both the U.S and Canada? A. Most jobs in both countries are found in service industry. B. Most jobs in both countries are found in manufacturing. C. Most jobs in both countries are faced with issues of outsourcing workforce. D. Most jobs in both countries depend on natural resources.Which of the following statements describes the long-run effects of global outsourcing? asked Jul 14, 2016 in Economics by cyskilic A) Wages for U.S. workers will decrease but wages in other countries will increase.

Outsourcing Definition

The Hidden Costs of Outsourcing – Forbes – The popularity of outsourcing had increased drastically over the last few decades.Among the following statements about this phenomena, choose the ones most likely to be true. 1)By 2010, Global business process outsourcing surpassed the US$7 trillion 2)Only 5~10% of all outsourcing relationships fail within 5 years 3)It has becoming a trend to bring back in-house outsourced business functions 4Which of the following is TRUE about outsourcing? a. Outsourcing allows firms to be more flexible and requires minimal coordination. b. Outsourcing allows firms to concentrate on those areas in which they can create value. c. Outsourcing strengthens the creative and innovative functions within the firm. d.which of the following best describes the relationship between economic growth and literacy? asked 2 days ago in Other by gaurav96 Expert ( 23.4k points) 0 votes

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