QUESTION 44 Tree Moon Hospitality Inc. has a chain of reputed hotels and resorts

Question

QUESTION 44 Tree Moon Hospitality Inc. has a chain of reputed hotels and resorts across the globe. First Care Inc. is a pharmaceutical company known for its breakthrough life-saving drugs. How will the two businesses differ from each other? Tree Moon Hospitality Inc. will be more capable of customizing its products when compared to First Care Inc. O Tree Moon Hospitality Inc. will be able to incorporate quality standards, whereas First Care Inc. will O Tree Moon Hospitality Inc. will have lesser contact with its customers when compared to First Care O Tree Moon Hospitality Inc. will be able to keep its output standardized, whereas First Care Inc. will O Tree Moon Hospitality Inc., unlike First Care Inc., will not produce its output at the point of not. Inc. not. consumption. QUESTION 45 True Diva Inc., a reputed brand for women's apparel and accessories, uses contract manufacturers in different countries. The company benefits because of the lower cost of labor and minimal government regulations in other countries than its home country. This is an example of outsourcing O franchising O benchmarking O reverse engineering O bartering

Explanation / Answer

44) Tree Moon Hospitality Inc. will be more capable of customizing its products when compared to First Care Inc, i.e., first option is the correct answer.

45) The process defined in the question is known as outsourcing as they are sourcing their own work to different contract manufacturers in other countries.

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