The transferring of business functions or processes to other companies has traditionally been known as
A) subcontracting.
B) downsizing.
C) partnering.
D) joint venture.
E) outsourcing.

Question

Quizplus · Accepted Answer

Outsourcing refers to the practice of hiring external firms to handle certain business functions or processes instead of performing them internally, which allows companies to focus on their core competencies.

The Transferring of Business Functions or Processes to Other Companies