Shared Flashcard Set

Details

1 - IS 491 || Chapter 10
1 - IS 491 || Chapter 10
14
Business
Undergraduate 4
03/13/2019

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Cards

Term
What is paying another company to complete a specific company function for you?
Definition
Outsourcing
Term
What is Outsourcing overseas?
Definition
Offshoring
Term
What is Outsourcing within the same country?
Definition
Onsourcing
Term
What is a company completing its own functions?
Definition
Insourcing
Term
What are the three major decision areas for successful outsourcing?
Definition
Selection , Contracting , Scope
Term
What is sourcing service work to a foreign, lower-wage country that is relatively close?
Definition
Nearshoring
Term
What is an overseas subsidiary that is set up to serve the parent company?
Definition
Captive Centers
Term
What is a company that is independent of, but is owned by a parent company?
Definition
Subsidiary
Term
What is when a company takes back in-house, previously outsourced: assets, functions, activities, etc?
Definition
Backsourcing
Term
What is letting customers or potential customers complete a task for a company?
Definition
Crowdsourcing
Term
What are arrangements made with other organizations to offer synergistic or complementary services?
Definition
Service Networks
Term
IaaS
Definition
Infrastructure as a Service
Term
PaaS
Definition
Platform as a Service
Term
SaaS
Definition
Software as a Service
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