Which of the following best describes outsourcing?
A)Leasing an asset from another business
B)Management considering stakeholders needs
C)Purchasing support services from another business
D)Establishing a close long-term relationship between businesses
E)A joint venture

Question

Quizplus · Accepted Answer

outsourcing can be defined as purchasing services from another business. Remember that outsourcing can be to any firm, including domestic ones. Off-shoring specifically means outsourcing to foreign countries for low-cost labor.
Key Takeaway: According to Computer World: "...At companies with revenues of at least $5 billion, as many as one quarter of IT jobs will be moved offshore by 2010" (May 2009).

Which of the Following Best Describes Outsourcing