Out - sourcing is one of the growth strategies used by many companies especially in the aerospace,

Fantastic news! We've Found the answer you've been seeking!

Question:

Out $-$ sourcing is one of the growth strategies used by many companies especially in the aerospace, automotive, electronics and military. Explain how outsourcing can actually reduce cost,

improve quality, reduce product development cost and assist in ramping up production.

Related Book For answer-question

Managing Business Ethics Making Ethical Decisions

ISBN: 9781506388595

1st Edition

Authors: Alfred A. Marcus, Timothy J. Hargrave

See More Books

Posted Date: Jan 19, 2024 07:32 AM

See More Questions

Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
1 Introducing MPO Fentres Founded in 1970 in Alenon (Orne), the company MPO Fentres (Menuiserie Plastique de lOuest) was one of the first French companies in the PVC/carpentry sector to offer a...
Googles ease of use and superior search results have propelled the search engine to its num- ber one status, ousting the early dominance of competitors such as WebCrawler and Infos- eek. Even later...
Graph the sets of points whose polar coordinates satisfy the equations and inequalitie. = 2/3, r -2
Data for Rattigan plc are presented in P13-5A. Instructions Prepare the operating activities section of the statement of cash flows using the direct method. RATTIGAN plc Income Statement For the Year...
Find the indicated z score. The graph depicts the standard normal distribution of bone density scores with mean 0 and standard deviation 1. 0.3050 z 0
Describe the V-Model, its characteristics, and shortcomings.
Cedar Key Company produces handmade clamming buckets and sells them to distributors along the Gulf Coast of Florida. The company incurred $9,400 of actual overhead costs ($8,000 variable; $1,400...
Auditing Tools Use the Internet. Identify and share a third-party application that can aid in the auditing of databases.
K Ltd. paid an employee a tax-free travel allowance of $5,200 based on 9,000 kilometres of out-of-town driving. What amount can K deduct for tax purposes?
Ivy Jackson invested $2,000 on April 1, 2015, in Growth Mutual Fund sold by a major financial institution. Her investment purchased 72.788 units of the fund. On December 31, 2015, the fund allocated...
Rinaldo informs you that the first transaction that you will have to record is a cash payment transaction. On May 1, 2017, Check No. 4041 was issued to 'Office Supplies Warehouse' for the cash...
Let f(x)=x - 6x + 5. General Note: For this problem, the diff command will not work out of the box. You will need to carefully handle the absolute values whenever you need to differentiate. See the...
Go Fly a Kite Inc. specializes in manufacturing deluxe kites and sells them to sports toy stores across Canada and Europe. Peak sales for one of their products, occur in August every year. The...
Consider the following state of a system consisting of four processes and four resources as shown in Figure 1 below. PA PB PC PD R1 R2 3 0 2 R3 2 2 3 2 1 3 Claim Matrix 1 2 2 R4 0 1 2 1 PA PB PC PD...
The activity (row) - input/output (column) incidence matrix presented next is a high level product development model. 1 2 3 4 5 6 7 8 9 10 ABCDEFGH 10 0 H - 1 10 a) Decompose the process...
Julian saved between $30 and $52 over the summer. His friend Daniela saved twice as much. Let n represent the amount of money Daniela saved. Choose the compound inequality that describes how much...
Provide an example of an aggressive accounting practice. Why is this practice aggressive?
You are a marketing professional who is offered a promotion that would place you as the leader of a team developing a new recreational vehicle. This vehicle has a rough ride and few amenities but can...
You run a die casting facility that produces metal tools used in industry. (Dies are essentially molds that are filled with superhot molten metal to make metal products.) Competition is fierce in...
Its hard to be a start-up. To get funding from major venture capitalists with deep pockets requires having a good story. NOTHAM Foodss story had two parts that the companys charismatic founder Daniel...
Applying the criterion for equilibrium, derive the Clausius-Clapeyron equation.
For the system methanol (1)-methyl acetate (2), the activity coefficients for components 1 and 2 are represented by where \[ \begin{aligned} \ln \gamma_{1} & =A x_{2}^{2} \quad \text { and } \quad...
The pure component vapour pressure of two organic liquids $\mathrm{X}$ and $\mathrm{Y}$ by Antoine equations are given by \[ \ln P_{1}^{\text {Sat }}=14.35-\frac{2942}{T+220} \] and \[...

Out - sourcing is one of the growth strategies used by many companies especially in the aerospace,

Question:

Expert Answer:

Outsourcing is a business strategy where a company delegates certain processes to external entities or third parties There are several key ways how ou... View the full answer

Managing Business Ethics Making Ethical Decisions

Students also viewed these general management questions