Which of the following is a strategic reason for 'outsourcing'?
A) To free up internal resources.
B) To reduce costs.
C) To improve performance.
D) To gain access to resources that are not available internally.

Question

Which of the following is a strategic reason for 'outsourcing'? 
A) To free up internal resources. 
B) To reduce costs. 
C) To improve performance. 
D) To gain access to resources that are not available internally.

Quizplus · Accepted Answer

Outsourcing is often done to gain access to resources that are not available internally such as specialized knowledge, technology, equipment, or expertise. This allows the company to improve its overall competitiveness and strategic position in the market. While outsourcing can also free up internal resources, reduce costs, and improve performance, these are not strategic reasons for outsourcing.

Which of the Following Is a Strategic Reason for 'Outsourcing