What do you see as pros and cons of outsourcing in the business simulation?
a. Outsourcing involves contracting certain activities to outside specialists who have added resources and expertise.
b. Outsourcing increases a company's risk exposure to changing technology and reduces a company's flexibility.
c. The rule of outsourcing is that if outside specialists can perform a task better, companies should think of merging or acquiring the outside specialist.
d. A risk of firms who outsource to outside specialists is a slower time to market allowing competitors to grab a larger market share
Answer: a. Outsourcing involves contracting certain activities to outside specialists who have added resources and expertise.
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