Farming out certain activities, such as manufacturing or credit processing, which has become a significant trend that allows organisations, small and large, to focus on their core strengths and products is referred to as offshoring.

Question

Quizplus · Accepted Answer

The correct term for farming out certain activities, such as manufacturing or credit processing, to external organizations is outsourcing. Offshoring refers specifically to moving these activities to another country.

Farming Out Certain Activities, Such as Manufacturing or Credit Processing