Module 5

Question 1

Outsourcing

Answer 1

decision is really about who can do the job the best.

Question 2

offshoring

Answer 2

ecision is really about where the job can best be done.

Question 3

insourcing

Answer 3

process of bringing a process back in house

Question 4

re-shoring

Answer 4

process of bringing a process back home

Question 5

Core Competency Benefit

Answer 5

Provides access to a wide variety of markets.

Creates benefits customers value—and are willing to pay for.

Creates inimitability; that is, rivals can’t copy it—at least not easily.

Question 6

Shelter Operations

Answer 6

an in country consultant that helps minimize the hassel of setting up and operating offshoring

Question 7

Wholly Owned Subsidiary

Answer 7

offshoring structure that maximizes control and lowers cost but increases risk amd need for operating expertise

Question 8

nearshore

Answer 8

sourcing components or services next to the country of the company

Question 9

rightshoring

Answer 9

process of locating business components and services in the country and locality that provides the best option of efficiency and effectiveness