Outsourcing+Quiz

Outsourcing Quiz: Name: CJ Connelly Date: 5/31/10 Period: 3 Subject: World History (H) (_)/80

Each question on this quiz is worth 10 points.

Short Awnser:

1. What is Outsourcing?

Outsourceing is when a company contracts with another company to provide services that might otherwise be perfromed by in-house employees.

2. How can outsourcing be used?

Outsourcing can be used by contracting other companies to do things that would help the employing company gain more money but not spend more money doing so.

Multipule Choice:

3. What is the main reason the companies outsource?

A. To save money B. To make a friend with another company C. To keep other companies in the loop D. To save up to buy a Chimp lawyer

A: A

4. Why would outsourcing be considered bad for the U.S people?

A. Because people would have more jobs B. Because people would get more money C. Because people would loss jobs D. None of the above

A: C

5. How can Outsourcing help the U.S economy?

A. By making more money without spending as much money, prices of products go down, allowing more people to buy. B. By making less money by spending more money, prices go down, allowing more people to buy. C. By making more money without spending more money, prices of product go up, allowing more people to buy D. By making less money by spending more money, prices go down, aloowing less people to buy.

A: A

Fill in the Blanks:

6. (Blank) is contracting with another company to provide services that is usless to them.

A. Insourcing B. Man C. Contracters D. Outsourcing

A: D

7. When companies outsource to different countries they do this to (Blank) more money.

A. Gain B. Loss C. Deplenish D. Create

A: A

Essay:

8. Give a at least 5 sentence essay on what outsourcing is, using examples of outsourcing and reasons why people us it.

A: Outsourcing is when you contract another company to provide services such as filling and shipping orders received via the internet. Most company us it to save money such as outsourcing a Chinese company insted of a U.S Company. Another reason outsourcing is used is so instead of building or renting their own warehouse operation, which requires special expertise for e-commerce. Another example of outsourcing involves application service providers (APSs), third parties who manage business applications for companies so they can focus more on their core business. These applications often involve things like payroll, billing, and customer service. When companies rely on third-party fulfillment providers, they normally manage the front end of e-commerce (the content and appearance of their Web site) and leave the rest to the third party. In other words, the third party receives orders from customers, manages the inventory of available products in its warehouse, and coordinates shipping. Some also provide value-added extras like customer services.