Which of the following describes the activity of a firm that assigns specific functions,such as accounting or legal work,to other organizations rather than performing these functions themselves?
A)Benchmarking
B)Functional sharing
C)Virtual distribution
D)Outsourcing

Question

Quizplus · Accepted Answer

Outsourcing involves assigning specific functions to other organizations rather than performing them in-house. Benchmarking refers to comparing a firm's performance to that of competitors or industry standards. Functional sharing and virtual distribution are not terms commonly used to describe outsourcing.

Which of the Following Describes the Activity of a Firm