Which of the following would be referred to as "outsourcing"?
A) Marketing products outside of a firm's home country
B) Hiring temporary workers on a contract basis
C) Subcontracting production to firms in other countries
D) Identifying and implementing production innovations

Question

Quizplus · Accepted Answer

Outsourcing refers to the practice of subcontracting production or services to external firms, often in other countries, to reduce costs or improve efficiency.

Which of the Following Would Be Referred to as "Outsourcing