The most significant sourcing decision for a firm is

A) whether to locate a plant close to customers or locate a plant close to sources of raw materials or suppliers.
B) whether to use highly automate processes or manual labor.
C) whether to use traditional inventory methods or adopt a just in time approach to stocking.
D) whether to perform a task in-house or outsource it to a third party.

Answer: D

Business

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The state variables of a weather system change continuously as weather patterns evolve.As such, a weather simulation model can be represented with a continuous simulation model

a. True b. False

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In a brief essay, discuss the problems associated with forming a strategic alliance with a competitor

What will be an ideal response?

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