Which of the following describes the activity of a firm that assigns specific functions, such as accounting or legal work, to other organizations rather than performing these functions themselves?
A) functional sharing
B) outsourcing
C) benchmarking
D) virtual distribution

Question

Quizplus · Accepted Answer

Outsourcing involves assigning specific functions to other organizations rather than performing them in-house. Functional sharing involves dividing responsibilities within the same organization. Benchmarking involves comparing performance with industry standards. Virtual distribution involves delivering goods and services electronically.

Which of the Following Describes the Activity of a Firm