Outsourcing And Offshoring Flashcards

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0
Q

When organizations pay Subcontractors to do work that was previously carried out in-house

A

Outsourcing

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1
Q

Outside suppliers

A

Subcontractors

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2
Q

Activities that are not a part or the organization’s core competencies

A

Non-core activities

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3
Q

Synonym of subcontract

A

To Farm out

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4
Q

Activity which helps determine whether an activity would be cheaper to outsource

A

Transaction cost analaysis

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5
Q

Skills and knowledge

A

Expertise

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6
Q

Outscourcing some administrative tasks

A

Business process outsourcing (BPO)

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7
Q

Outsourcing computer-based tasks

A

Information Technology (IT) outsourcing

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8
Q

Outsourcing of all the transportation and the Warehousing

A

Logistics outsourcing

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9
Q

Outsourcing that is important for company’s long-term goals

A

Strategic outsourcing

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10
Q

Outsourcing to companies abroad

A

Offshoring

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11
Q

Outsourcing related to tasks such as research and development

A

Knowledge process outsourcing (KPO)

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12
Q

High qualified employees

A

Knowledge workers

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