Asked by kiasjah mathews on Jun 30, 2024
Verified
The chief executive officer (CEO)identifies opportunities for insourcing and outsourcing and supply is responsible for aiding in the selection of sources.
Chief Executive Officer
The highest-ranking officer in a company or organization, responsible for overall management and decision-making.
Insourcing
The practice of performing business functions or operations internally, rather than outsourcing them to external vendors.
Outsourcing
The practice of hiring third parties to perform services or produce goods that were previously handled internally by the company's own staff.
- Identify the responsibilities of supply managers in the creation, negotiation, and administration of outsourcing agreements.
- Identify the effects of outsourcing and insourcing trends on the strategy and operations of organizations.
Verified Answer
ZK
Zybrea KnightJul 06, 2024
Final Answer :
False
Explanation :
The chief procurement officer (CPO) is typically responsible for identifying opportunities for insourcing and outsourcing and aiding in the selection of sources.
Learning Objectives
- Identify the responsibilities of supply managers in the creation, negotiation, and administration of outsourcing agreements.
- Identify the effects of outsourcing and insourcing trends on the strategy and operations of organizations.