Jenny built an online business selling "dream kits"—plastic boxes filled with glitter and charms
She had been buying empty boxes from a local company, but when she learned about a company in Vietnam offering them at one-third the cost, she pursued this option to lower her costs. What is Jenny practicing?
A) global outsourcing of labor
B) global outsourcing of services
C) global outsourcing of capital
D) global outsourcing of technology
E) global outsourcing of goods
Answer: E
Explanation: E) Jenny is using suppliers outside the United States to obtain goods—the plastic boxes—at a lower price.
You might also like to view...
________ is a method to adjust for nonresponse by assigning the characteristic of interest to the nonrespondents based on the similarity of the variables available for both nonrespondents and respondents
A) Weighting B) Trend analysis C) Subjective estimates D) Imputation
The income statement begins with revenue and subtracts various operating expenses until arriving at Earnings Before Interest and Taxes. Next, interest expense is subtracted to find the ________ for the period
A) EBIT B) after-tax income C) net income D) taxable income