An organization contracting with an HR consulting firm to manage their payroll and benefits is an example of:
A)benchmarking
B)offshoring
C)outsourcing
D)open sourcing

Question

Quizplus · Accepted Answer

Outsourcing refers to the process of contracting out specific business activities to third-party service providers. In the given example, the organization has contracted with an HR consulting firm to manage their payroll and benefits, which clearly indicates outsourcing. Benchmarking is a process of comparing an organization's performance metrics with external benchmarks, offshoring refers to the practice of relocating business processes to a lower-cost location overseas, and open sourcing involves making the source code of a software application publicly available for modification and distribution.

An Organization Contracting with an HR Consulting Firm to Manage