What term do we use for a company arranging payments to suppliers and distributors to provide needed services and materials in order to perform those processes the organization does not perform itself?
A) forward integration
B) backward integration
C) outsourcing
D) system design

Question

Quizplus · Accepted Answer

Outsourcing refers to the practice of hiring external organizations to handle certain business functions or services, which allows a company to focus on its core activities.

What Term Do We Use for a Company Arranging Payments