Match each term with its definition.
-Contracting out a specific business function to another company,rather than having your own company manage that specific work

Question

Quizplus · Accepted Answer

Outsourcing refers to the practice of hiring another company to handle certain business functions or services rather than doing them in-house. This can include a wide range of activities, from manufacturing to IT services, and is often done to reduce costs, access specialized skills, or improve efficiency.

Match Each Term with Its Definition