ENTREPRENEURIAL OPERATIONS
QUALITY CONTROL
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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A UK business has decided to outsource some operations to an experienced third party located in China. Which of the following is a likely advantage to the UK business of making this decision?
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The business will be an expert in the particular area
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Lead times will be fast
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The exchange rate will constantly change
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Quality standards can be easily monitored
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Explanation:
Detailed explanation-1: -The processes that are outsourced can be performed by the third party either onsite or offsite. The key point here is that the service provider engaged is required to manage workflow and work quality in line with an agreed upon service contract.
Detailed explanation-2: -Outsourcing is the business practice of hiring a party outside a company to perform services or create goods that were traditionally performed in-house by the company’s own employees and staff. Outsourcing is a practice usually undertaken by companies as a cost-cutting measure.
There is 1 question to complete.