Question

<!--td {border: 1px solid #ccc;}br {mso-data-placement:same-cell;}--> Which of the following is/are true with respect to outsourcing?

• A. Companies hire third-parties to perform their tasks.
• B. Companies split the internal team into divisions to perform duties.
• C. It involves exchange of services.
• D. Only the service of customer support can be outsourced to third-parties.

Answer 1

Answer: (A), (C)

It involves exchange of services.

<!--td {border: 1px solid #ccc;}br {mso-data-placement:same-cell;}--> Outsourcing is a business activity in which a business hires a third party to perform tasks, handle operations, or provide services. When they hire companies from other countries, it becomes an exchange of services. Services like information technology, application development, and programming and technical support are outsourced.