ENTREPRENEURIAL OPERATIONS
PRODUCTION PLANNING AND CONTROL
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Outsourcing is the practice of using another business to complete part of the job.
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True
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False
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Either A or B
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None of the above
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Explanation:
Detailed explanation-1: -Outsourcing means contracting out, generally non-core core activities of a business to an outside agency or business firm in order to avail the benefits of specialisation. Suggest Corrections. Similar questions. Q. Which of the following defines outsourcing?
Detailed explanation-2: -Outsourcing refers to the practice of transferring the operations of a business function to an outside supplier. true. In many cases, the decision to vertically integrate is based solely on costs without considering the impact on other business priorities.
There is 1 question to complete.