What are "shared service organizations"?
A)Organizational entities providing administrative and technical services to diverse businesses
B)Organizational entities shared between different independent firms
C)Governmental agencies that provide services to small businesses and start-ups
D)Professional service firms such as accountants

Question

Quizplus · Accepted Answer

Shared service organizations are typically centralized units within a company that provide administrative and technical services (such as payroll, IT, HR) to multiple departments or subsidiaries within the same organization. This allows for greater efficiency and cost savings. They are not typically shared between different independent firms or government agencies that provide services to small businesses. While professional service firms such as accountants may also provide services to multiple clients, they are not typically considered shared service organizations.

What Are "Shared Service Organizations