_____ is defined as turning over an organizational activity to an outside supplier that will perform it on behalf of the focal firm.
A) Deregulation
B) Outsourcing
C) Commoditizing
D) Securitization

Question

_____ is defined as turning over an organizational activity to an outside supplier that will perform it on behalf of the focal firm.
A) Deregulation 
B) Outsourcing 
C) Commoditizing 
D) Securitization

Quizplus · Accepted Answer

Outsourcing is defined as turning over an organizational activity to an outside supplier that will perform it on behalf of the focal firm. Deregulation refers to reducing or eliminating government regulations on an industry. Commoditizing is the process of turning a good or service into a commodity that is easily interchangeable with other goods or services of the same type. Securitization involves pooling assets and creating a new financial instrument that can be sold to investors.

_____ Is Defined as Turning Over an Organizational Activity to an Outside