When a business hires a third-party firm to provide services it once offered itself, it is called ________.
A) offshoring
B) project outing
C) telecommuting
D) outsourcing

Question

Quizplus · Accepted Answer

Outsourcing refers to the practice of hiring an external company or individual to perform a task or provide a service that was previously done in-house. It can help businesses reduce costs, access specialized expertise, and focus on core activities.

When a Business Hires a Third-Party Firm to Provide Services