Outsourcing is so sophisticated that even core functions such as engineering, research and development, manufacturing, information technology, and marketing can be moved outside the firm.
The practice of employing a third party from outside a business to carry out tasks or produce commodities that were previously completed in-house by the business's own employees and personnel is known as outsourcing. Companies typically engage in outsourcing as a cost-cutting strategy.
The outside business, often referred to as the network operator or third-party provider, makes arrangements for its own personnel or technological resources to carry out the duties or offer the services either on-site at the premises of the hiring business or at other places.
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A friend has earned income from babysitting children in her neighborhood. She earned $15 per hour that she babysat so the income was in the form of an hourly wage.
Answer:
effectiveness
Explanation:
SmartToy has proven in this new toy line its effectiveness, as it has proven its ability to reach the desired result with a great success degree. The new IA was a bet, and a risky one. However, betting on a new technology raised that toyline quality to a new level and resulted in so much success in the market that the market share increases fivefold. That alone corroborates the company's effectiveness.
Answer:
B. Complementors
Explanation:
According to Porter, there are 5 forces that affect firms from the competitive environment. They include:
1. Threat from new entrants/competition
2. Threat from existing competition
3. Power of suppliers
4. Power of buyers/customer
5. Threat of substitute product.
In this case, as it can be clearly seen, complementors isn't part of the threat listed out by porter five forces framework.
Answer: Make immediate payment of $2,458,000
Explanation:
The recommended payment option will be the one with a lower present value.
It can make a payment of $2,458,000 now which would be the PV of the first option.
Second option is a constant amount for 15 years to be paid on the first day of every year making it an annuity due.
Present Value of annuity due;
= Annuity * Present value factor of Annuity due, 15 periods, 11%
= 336,800 * 7.9819
= $2,688,303.92
<em>Lower and recommended option is to make immediate payment of $2,458,000. </em>
