The Nutmeg Soccer Club outsourced its accounting work.This suggests that management at Nutmeg does not believe that accounting is one of the firm's core competencies.
Core competencies are those functions a firm can perform as well as,or better than,anyone else.A firm should continue carrying out its core competencies,and should outsource only functions that others can perform more efficiently.

Question

Quizplus · Accepted Answer

The statement accurately describes the concept of core competencies and how outsourcing should be approached. If a firm outsources a function, it suggests that they believe someone else can perform it more efficiently. Therefore, it is likely not one of their core competencies.

The Nutmeg Soccer Club Outsourced Its Accounting Work