The contracting of a specific business task, such as payroll to a third party service provider is ________.

BPO

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insourcing

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outsourcing

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offshore outsourcing

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Solution

The correct option is A BPO
Business process outsourcing is the activity in which organisation get its specific work done from the third party such as work related to payroll and accounting as they don't require lots of attention of organization.

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Similar questions

Q. The contracting of a specific business task, such as payroll to a third party service provider is ______________.

Q. _____ is the contracting of non-primary business activities and functions to a third-party provider.

Q. What refers to the contracting out some business activities to a third party, which were earlier performed by the organisation itself?

Q. The business practice of hiring a third-party to perform services which were previously done in-house is called .

The hired party service providers are the persons/firms which specialize in some processes such as Human Resource Management and hence provide their services to a wide base of clients, cutting across different industries. Such service providers are called __________.

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The contracting of a specific business task, such as payroll to a third party service provider is ________.

The correct option is A BPOBusiness process outsourcing is the activity in which organisation get its specific work done from the third party such as work related to payroll and accounting as they don't require lots of attention of organization.

The correct option is A BPO
Business process outsourcing is the activity in which organisation get its specific work done from the third party such as work related to payroll and accounting as they don't require lots of attention of organization.