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Business Studies

History of Outsourcing

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Question

started in the 1700s when manufacturers started shifting the manufacture of goods to countries with cheaper labour.

A

Traditional business

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B

Outsourcing

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C

E-busines

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D

E-commerce

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Solution

The correct option is B Outsourcing
Outsourcing started in the 1700s when manufacturers started shifting the manufacture of goods to countries with cheaper labour. Outsourcing refers to getting a business task done from an outside agency.

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