Outsourcing is also sometimes thought to be similar to subcontracting, joint venturing, and contract manufacturing. Contracting is the purchasing of goods or services to facilitate a business process owned by the buyer. The outsourcing point of departure from these concepts is the ________________ of all associated internal business process activities.

Question

Quizplus · Accepted Answer

The key difference between outsourcing and other similar concepts like subcontracting, joint venturing, and contract manufacturing is the complete transfer of all associated internal business process activities to the outsourcing vendor. This means that the vendor takes full responsibility for executing the process, and the buyer no longer has any direct control over it. The other concepts may involve some degree of partnership or collaboration, but outsourcing involves the vendor taking over the process entirely. Therefore, the correct answer is E - complete transfer.

Outsourcing Is Also Sometimes Thought to Be Similar to Subcontracting