In the past, Karson Photography Studios directly hired and managed its own custodial staff.Now, Karson contracts this work to a cleaning company.This is an example of
A) corporate governance.
B) offshoring.
C) outsourcing.
D) nearshoring.
E) insourcing.

Question

Quizplus · Accepted Answer

Outsourcing refers to a situation where a company hires a third-party entity to perform specific business functions that were previously handled in-house. In this case, Karson Photography Studios has contracted the cleaning work to a cleaning company instead of directly managing its own custodial staff.

In the Past, Karson Photography Studios Directly Hired and Managed