Excite Enterprises uses an accounting firm to handle the payroll and tax functions for this firm.Using the services of another firm in this manner is an example of:
A)core competencies.
B)outsourcing.
C)benchmarking.
D)functional reassignment.

Question

Quizplus · Accepted Answer

Outsourcing is the practice of using external firms to handle work that is traditionally performed within a company. In this case, Excite Enterprises is outsourcing their payroll and tax functions to an accounting firm.

Excite Enterprises Uses an Accounting Firm to Handle the Payroll