Which of the following best describes outsourcing?
A) It refers to contracting with another organization to perform a broad set of services.
B) It refers to finding cheap resources in another country to gain a competitive advantage.
C) It refers to using a temporary or contract employee to fill a single job vacancy.
D) It refers to buying the necessary raw materials needed to conduct business from external suppliers.
E) It refers to moving operations away from the home location to decrease cost savings.

Question

Quizplus · Accepted Answer

Outsourcing refers to contracting with another organization to perform a broad set of services. This can include services such as accounting, IT, customer service, and manufacturing, among others. The goal of outsourcing is typically to reduce costs, improve efficiency, or gain access to specialized expertise.

Which of the Following Best Describes Outsourcing