________ differs from consulting in that an agency may have in-house talent that could complete a project, but the time and talent is better spent on other projects.
A) Outsourcing
B) Pool purchase
C) Request for Quotation
D) Broadbanding

Question

Quizplus · Accepted Answer

Outsourcing is the practice of hiring an external organization to perform services or create goods that traditionally were performed in-house by the company's own employees and staff. Companies might outsource as a way to lower costs, improve efficiency, or make better use of time and resources. In the context given, outsourcing is chosen because the company has the capability (in terms of talent) to complete a project but decides it is more strategic or efficient to allocate those internal resources elsewhere and hire an external party to undertake the project.

________ Differs from Consulting in That an Agency May Have