Asked by Kristen Buehler on May 09, 2024
Verified
To ensure the quality of its products, Hexagon Inc., an American apparel company, produces its products in-house instead of outsourcing production. Given this information, it can be said that Hexagon is engaged in _____.
A) rightsizing
B) offshoring
C) insourcing
D) dejobbing
Insourcing
The practice of using an organization's internal resources to complete tasks or projects that could be outsourced to external providers.
- Acquire knowledge on the essentials of insourcing, outsourcing, and offshoring, along with their strategic relevance.
Verified Answer
MT
Mitchell TychynskiMay 12, 2024
Final Answer :
C
Explanation :
Insourcing refers to a business practice where work that could be contracted out is performed in-house. Since Hexagon Inc. produces its products in-house instead of outsourcing, it is engaged in insourcing.
Learning Objectives
- Acquire knowledge on the essentials of insourcing, outsourcing, and offshoring, along with their strategic relevance.