Outsourcing involves:
A) moving company facilities away from the home office.
B) hiring foreign nationals to manage parts of the business.
C) obtaining materials, parts, and products from other companies.
D) building a factory in another country.

Question

Quizplus · Accepted Answer

Outsourcing typically involves obtaining materials, parts, and products from other companies rather than producing them in-house. This can allow a company to save on costs, increase efficiency, and focus on its core competencies. Moving facilities, hiring foreign nationals, or building a factory in another country may also be part of outsourcing, but they are not necessarily the defining features of the practice.

Outsourcing Involves