Outsourcing refers to contracting a portion of operations to a third party.Such outsourcing ______.
A)refers to third-party contracting for manufacturing only
B)refers to third-party contracting when the third party is located in a different country
C)is applicable only for services
D)can improve operational flexibility

Question

Quizplus · Accepted Answer

Outsourcing can involve contracting for various operations, not just manufacturing. It does not necessarily require the involvement of parties in different countries. It can also involve services such as customer support, IT support, or accounting. Outsourcing can provide operational flexibility as it allows companies to focus on their core competencies while delegating other tasks to specialized service providers.

Outsourcing Refers to Contracting a Portion of Operations to a Third