Which of the following best describes outsourcing?
A)An organization selling its products in a market outside its domestic market
B)An organization's acquisition of goods and services from an outside source
C)An organization setting up manufacturing and retailing facilities in a new country
D)An organization's use of virtual teams with employees located in different countries

Question

Which of the following best describes outsourcing?
A)An organization selling its products in a market outside its domestic market  
B)An organization's acquisition of goods and services from an outside source  
C)An organization setting up manufacturing and retailing facilities in a new country  
D)An organization's use of virtual teams with employees located in different countries

Quizplus · Accepted Answer

Outsourcing is an organization's acquisition of goods and services from an outside source. The term offshoring is sometimes used to describe outsourcing from another country.

Which of the Following Best Describes Outsourcing