Answer:
The correct option is A, insourcing
Explanation:
Insourcing refers to the processes of developing competences,skills and capabilities within the organization rather placing core functions in the hands of external firm by using employees of the company.
Even though insourcing is more expensive in short-term but it is cheaper overall than outsourcing in the long-run.
Outsouring is contracting tasks to outside firms that are known as experts in their respective fields of human endeavors.
Benchmarking is about comparing processes within the organization with similar firms modes of operations in order to identify best practice
Answer:
The correct answer is "a"
Explanation:
Outsourcing value chain activities has such strategy-executing advantages as less internal bureaucracy, speedier decision-making, quicker responses to changing market conditions, and heightened focus on performing a select few value chain activities (which can improve performance of those activities).
Outsourcing is a business method in which a company contracts an outside supplier to obtain goods and services. To reduce possible internal bureaucracy.
They will think they don't have enough invintory and order more and will have no room to store the knew orders
