GSCM 211: Midterm (Latest Update 2026 /
2027) Questions & Answers {Grade A}
100% Correct
Insourcing - correct answer moving processes handled by third-party firms in house
Offshore outsourcing - correct answer hiring external organization to perform
business in a country other than the one where the product/services are performed,
developed, or manufactured
Reshoring - correct answer the reverse of offshoring, involves the repatriation of
business activities from overseas back to the home country
Farmshoring - correct answer outsourcing to us rural-located companies
, Homeshoring - correct answer moving service industry employment from offices to
home-based
Mitchell principles - correct answer a set of values that guided the party's negotiating
by only using democratic and peaceful methods for advancing their political objectives
Intermediary - correct answer when a business provides a contract service to another
organization while contracting out that same service
Technology clusters - correct answer regions of interconnected buyers, suppliers, and
producers of complementary solutions (ex. Silicon valley)
Movement of technology clusters - correct answer not easy to move, takes time and
investment
2027) Questions & Answers {Grade A}
100% Correct
Insourcing - correct answer moving processes handled by third-party firms in house
Offshore outsourcing - correct answer hiring external organization to perform
business in a country other than the one where the product/services are performed,
developed, or manufactured
Reshoring - correct answer the reverse of offshoring, involves the repatriation of
business activities from overseas back to the home country
Farmshoring - correct answer outsourcing to us rural-located companies
, Homeshoring - correct answer moving service industry employment from offices to
home-based
Mitchell principles - correct answer a set of values that guided the party's negotiating
by only using democratic and peaceful methods for advancing their political objectives
Intermediary - correct answer when a business provides a contract service to another
organization while contracting out that same service
Technology clusters - correct answer regions of interconnected buyers, suppliers, and
producers of complementary solutions (ex. Silicon valley)
Movement of technology clusters - correct answer not easy to move, takes time and
investment
