_____ involves contracting with an outside domestic vendor to provide a product or service to a firm, as opposed to producing the product using employees within the firm.
A)Offshoring
B)Importing
C)Outsourcing
D)Reshoring
E)Exporting

Question

Quizplus · Accepted Answer

Outsourcing entails contracting with an outside vendor to provide a product or service to the firm, as opposed to producing the product using employees within the firm. It is usually done when the outsourcing partner can provide the service more cheaply than it would cost to do it internally, or the partner can provide it more effectively than it can be performed internally.

_____ Involves Contracting with an Outside Domestic Vendor to Provide