The management of an automobile manufacturing company signed a contract with a consultancy that provides recruitment services. Though the organization was performing this function on its own previously, the management felt that the consultancy would offer a better service. Which of the following alternatives to vertical integration has the management opted?
A) Franchising
B) Exporting
C) Outsourcing
D) Licensing

Question

Quizplus · Accepted Answer

The management has opted for outsourcing as they have contracted a third-party consultancy to provide recruitment services instead of performing the function internally.

The Management of an Automobile Manufacturing Company Signed a Contract