The major potential advantage of outsourcing is _____.
A)increased turnover rate
B)increased compa-ratio
C)increased absenteeism
D)increased cost savings

Question

Quizplus · Accepted Answer

The major potential advantage of outsourcing is increased cost savings. This is because outsourcing allows companies to access cheaper labor, expertise, and technology from other companies or countries, thus reducing their operational costs. This, in turn, can improve their profitability and competitiveness in the market. The other options listed, such as increased turnover rate, increased compa-ratio, and increased absenteeism, are not advantages of outsourcing, but rather potential drawbacks or issues that companies may face as a result of outsourcing.

The Major Potential Advantage of Outsourcing Is _____