_____ involves contracting with another company to perform some business-related task.

Question

Quizplus · Accepted Answer

Outsourcing involves contracting with another company to perform a business-related task. Franchising involves licensing the rights to use an established business model and brand. Greenfield venturing involves starting a new business from scratch in a foreign market. Co-working involves sharing office space and resources with other individuals or companies. Licensing involves granting permission to use a trademark, patent, or technology. Therefore, the best choice for the given question is outsourcing.

_____ Involves Contracting with Another Company to Perform Some Business-Related