Which of the following services CANNOT be outsourced to foreign nations?
A. Debugging software
B. Handling consumer queries
C. Transcribing medical files
D. Interpreting MRI scans
E. Delivering closing arguments for a lawsuit
E
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Group A uses the concept of creative destruction to most likely support which of the following statements?
A) Firms that engage in offshoring require government oversight. B) Offshoring forces unskilled workers to seek additional education. C) Global sourcing creates opportunities and stimulates innovation. D) Outsourcing technical jobs leads to the creation of competitive firms.
Which of the following statements about risk assumption is not correct?
A) Risk assumption is also known as risk retention. B) Risk assumption can be transferred through hedging. C) Larger firms have a better ability to assume risk. D) All of the above are correct.