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प्रश्न
The process of contracting a business function to someone else is called as ______.
पर्याय
e-business
outsourcing
trading
MCQ
रिकाम्या जागा भरा
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उत्तर
The process of contracting a business function to someone else is called as outsourcing.
Explanation:
Outsourcing is the process of contracting out less important (i.e., non-core) business activities to external agencies. These external agencies are highly specialised and enjoy expertise in specific business activities, such as advertisement and promotion of products and post-sale services. By outsourcing less important business activities, firms can focus on important (i.e., core) activities.
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