Hiring another company to provide the outside support for all or part of a project is called ____.

Question

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Outsourcing involves hiring an external company or service provider to handle tasks and responsibilities that are traditionally performed in-house. This can include outsourcing a specific component of a project or outsourcing the entire project to another company. Internal development, portfolio managing, and project management do not specifically involve hiring an external company or service provider.

Hiring Another Company to Provide the Outside Support for All