Modern firms are increasingly dependent on outsourcing for goods and services rather than handling these tasks in-house. This reliance is driving a greater focus on supply chain management. The document highlights the significance of outsourcing in contemporary business practices.

1. 1.Modern firms increasingly rely on other firms to supply goods and services instead of doing
these tasks themselves. This increased level of _____________ is leading to increased emphasis
on ____________ management.
Multiple Choice
internationalization; intercultural
offshoring; lean
optimizing; inventory
downsizing; total quality
outsourcing; supply chain