Question: If an activity is considered as NOT a core competency for a company and it has high transaction costs, the strategy of a company should

If an activity is considered as NOT "a core competency" for a company and it has high transaction costs, the strategy of a company should be what in relation to said activity? Group of answer choices Insource (make) the activity or outsource the activity and keep very high level of control upon the supplier Outsource the activity and keep a low level of control upon the supplier None of the other answers Insource (make) the activity and keep low level of control upon said activity which is evidently of little importance Outsource the activity and keep a high level of control upon the supplier

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!