When companies take over functional operations of other firms, such as human resources, information systems, payroll, accounting, or customer service, this is called
A) marketing.
B) outsourcing.
C) licensing.
D) franchising.
E) divestiture.

Question

Quizplus · Accepted Answer

When one company takes over functional operations of another company, it is referred to as outsourcing. This involves contracting out tasks such as human resources, payroll, accounting, customer service, or information systems to a third-party provider.

When Companies Take Over Functional Operations of Other Firms, Such