Question: Select the correct answer for each example. Example Answer 1. With headquarters in Frankfurt, Germany, the Deutsche Bank has many branch offices and operations in
Select the correct answer for each example. Example Answer 1. With headquarters in Frankfurt, Germany, the Deutsche Bank has many branch offices and operations in other countries such as the United Kingdom, Canada, Switzerland, Brazil, etc. Suppose that they recruit many local citizens at their branch offices to serve local customers in a specific country. For example, for their branch office(s) in Canada, they would hire Canadian citizens to serve the needs of corporate and individual customers in Canada. Similarly, for their branch office(s) in Brazil, they would hire Brazilian citizens to serve the needs of corporate and individual customers in Brazil. Example 1 illustrates Captive Offshoring II. Assume that the Guaranty Trust Bank (GTBank) in Nigeria separates back-office jobs (e.g., home mortgage application processing) from front-office jobs and moves these back-office jobs to another location in Nigeria. Assume that both front-office and back-office jobs are performed by different employees hired by the GT Bank, and none of these jobs are contracted out to another vendor. Example II illustrates On-Shoring Example III illustrates Multisourcing III. A multinational corporation outsources the manufacturing of its products to several vendors across the globe. IV. TikTok issues an open call to the public to develop a user-post recommendation algorithm, and the winning entry is used to recommend posts to customers. Example IV illustrates Crowdsourcing Example Villustrates V. Wells Fargo Bank, USA outsources mainframe maintenance to IBM, USA. Multisourcing Select the correct answer for each example. Example Answer 1. With headquarters in Frankfurt, Germany, the Deutsche Bank has many branch offices and operations in other countries such as the United Kingdom, Canada, Switzerland, Brazil, etc. Suppose that they recruit many local citizens at their branch offices to serve local customers in a specific country. For example, for their branch office(s) in Canada, they would hire Canadian citizens to serve the needs of corporate and individual customers in Canada. Similarly, for their branch office(s) in Brazil, they would hire Brazilian citizens to serve the needs of corporate and individual customers in Brazil. Example 1 illustrates Captive Offshoring II. Assume that the Guaranty Trust Bank (GTBank) in Nigeria separates back-office jobs (e.g., home mortgage application processing) from front-office jobs and moves these back-office jobs to another location in Nigeria. Assume that both front-office and back-office jobs are performed by different employees hired by the GT Bank, and none of these jobs are contracted out to another vendor. Example II illustrates On-Shoring Example III illustrates Multisourcing III. A multinational corporation outsources the manufacturing of its products to several vendors across the globe. IV. TikTok issues an open call to the public to develop a user-post recommendation algorithm, and the winning entry is used to recommend posts to customers. Example IV illustrates Crowdsourcing Example Villustrates V. Wells Fargo Bank, USA outsources mainframe maintenance to IBM, USA. Multisourcing