Outsourcing:
A) Always sends jobs overseas
B) Means buying from another firm
C) Does not affect the purchasing department
D) Is the total amount expended in order to own a service
E) Rarely reduces the firm's costs

Question

Quizplus · Accepted Answer

Outsourcing means buying goods or services from another firm, which can be located either domestically or internationally. It does not necessarily mean sending jobs overseas, nor does it necessarily have any impact on the purchasing department. The purpose of outsourcing is often to reduce costs, though this is not always the case.