wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

When an organisation gives contract for development of software, it has to give data to the service provider. In cases, the ownership of data should be _____________.

A
Transferred to the service provider
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
With the client/organisation that outsource services
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
C
Shared by both parties
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
Not transferred
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution

The correct option is C With the client/organisation that outsource services

When an organisation gives contract for development of software, it has to give data to the service provider. In cases, the ownership of data should be with the client/organisation that outsource services.

Outsourcing is "an agreement in which one company contracts-out a part of existing internal activity to another company". It involves the contracting out of a business process and operational, and/or non-core functions to another party.

Outsourcing refers to the transfer of a business activity or function from a client/customer to a local or foreign third party service provider. Examples of commonly outsourced activities include: IT services; delivery, logistics and distribution services; human resources services; sales and marketing services; procurement services; customer call centre services; and finance and accounting services.

When services are outsourced to offshore providers, a customer faces increased costs and risks compared to solutions involving on-shore resources. Offshore outsourcing, though potentially more cost-effective, may involve hidden costs including: a more expensive and lengthy step of vendor selection, a longer (3-12 month) timeframe to complete work handover to the offshore partner, severance and costs related to layoffs of local employees who will not be relocated internationally. Turnover cost, and costs associated with addressing language and other communications or cultural differences.


flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Sole Proprietorship and Partnership
BUSINESS STUDIES
Watch in App
Join BYJU'S Learning Program
CrossIcon