The purchase of a good or service that was previously provided internally, or that could be provided internally, is called:
A) Outsourcing
B) Insourcing
C) Inshoring
D) Offshoring
E) Nearsourcing

Question

Quizplus · Accepted Answer

Outsourcing is the purchase of goods or services that were previously provided internally, or that could be provided internally, by another company or organization.

The Purchase of a Good or Service That Was Previously