Which of the following is the best description of outsourcing?
A) Any activity that adds value to some input by transforming it into an output for an internal or external customer
B) An approach by which firms move away from department-oriented organization and toward process-oriented team structures that cut across old departmental boundaries
C) The strategy of paying suppliers and distributors to perform certain business processes or to provide needed materials and resources
D) The strategy of using the Internet and word-of-mouth marketing to spread product information
E) The strategy of owning the means by which an organization produces goods or services

Question

Quizplus · Accepted Answer

Outsourcing refers to the practice of paying external suppliers or distributors to perform certain business processes or provide necessary resources. Option A describes the process of value creation, option B describes reorganization within a company, option D describes marketing strategies, and option E refers to ownership of production means.

Which of the Following Is the Best Description of Outsourcing