GK
HUMAN RESOURCE MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following best describes the concept of outsourcing?
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The process whereby a company takes a part of its business functions and gives that part to another company to complete
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The process whereby a company completes all aspects of its operations internally
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The process whereby a company recruits additional staff to assistduring periods of high consumer demand
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The process whereby a company produces goods for a distributor to then sell
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Explanation:
Detailed explanation-1: -Every Business Process Outsourcing starts with assessing the company needs and planning the sourcing process. Next comes the selection of service providers, negotiation of the contract, executing service transition, monitoring and controlling. Let’s have a closer look at the seven steps of the IT outsourcing process.
Detailed explanation-2: -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.
There is 1 question to complete.