QUESTION IMAGE
Question
pregunta 62 (2 puntos)
the father of economics is ____.
○ a andrew smith
○ b adam smith
○ c joseph smith
○ d phillip smith
pregunta 63 (2 puntos)
contracting with an outside company, usually in a foreign country, to provide goods & services is called ____.
○ a downsizing
○ b outrigging
○ c outsizing
○ d outsourcing
Brief Explanations
- Pregunta 62: Adam Smith is widely recognized as the foundational figure in modern economics, earning the title "The Father of Economics" for his work The Wealth of Nations.
- Pregunta 63: Outsourcing is the specific business practice of hiring an external (often foreign) company to handle services or produce goods that were previously done in-house. The other options do not match this definition: downsizing refers to reducing staff, outrigging is a nautical/construction term, and outsizing is not a standard business term for this practice.
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Pregunta 62: b. Adam Smith
Pregunta 63: d. outsourcing