Outsourcing refers to transferring a firm's activities that have traditionally been internal to external suppliers

Indicate whether the statement is true or false

TRUE

Business

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Since the 1997 Asian financial crisis, the main ongoing challenge for many organizations in South Korea has been to __________

A. incorporate the traditional emphasis on social harmony to PM systems B. recruit and incentivize a more internationally and racially diverse workforce C. reconcile a merit-based approach with more traditional, seniority-based values D. develop greater sensitivity to equal opportunity and due process issues

Business

A manager has the task of collecting and analyzing data that will help the firm decide where to locate its international operations. Which of the following best describes how the manager should handle this task?

A) conduct extensive research, regardless of the expense, in order to avoid costly mistakes B) compare the costs of data collection with the probable payoff for the firm in order to budget and schedule the collection C) continue data gathering until all data have been collected, regardless of how long this takes D) focus all data collection on governmental resources because they have the highest reliability

Business