ENTREPRENEURIAL OPERATIONS
QUALITY CONTROL
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Kaizen
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Reshoring
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Outsourcing
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Offshoring
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Detailed explanation-1: -Business process outsourcing (BPO) is a business practice in which an organization contracts with an external service provider to perform an essential business function or task.
Detailed explanation-2: -Outsourcing is a business practice in which a company hires a third party to perform tasks, handle operations or provide services for the company.
Detailed explanation-3: -What is Outsourcing? Outsourcing is a strategic decision by a company to reduce costs and increase efficiency by hiring another individual or company to perform tasks, provide services, or handle operations that were previously done by employees within the company.
Detailed explanation-4: -Process-specific outsourcing. Professional outsourcing. Logistics outsourcing. Operational outsourcing. Manufacturing outsourcing. Project outsourcing. Multi-sourcing. 25-Mar-2023