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Question
Outsourcing ______.
Options
Restricts only to the contracting out of Information Technology Enabled Services (ITES)
Restricts only to the contracting out of non-core business processes
Includes contracting out of manufacturing and R&D as well as service processes both core and non-core, but restricts only to domestic territory
Includes off-shoring
MCQ
Fill in the Blanks
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Solution
Outsourcing restricts only to the contracting out of non-core business processes.
Explanation:
Outsourcing mostly means hiring outside companies to handle non-essential business tasks so that the company can focus on its main strengths. This can include things such as
- Customer support
- Human resources (HR) management
- Payroll processing
- Data entry and processing
- IT support and maintenance
- Administrative tasks
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Chapter 21: Outsourcing - EXERCISES [Page 292]
