Outsourcing typically ______ the scope of a business's operations.Multiple choice question.destabilizesnarrowsneutralizesexpands
Question
Outsourcing typically ______ the scope of a business's operations.Multiple choice question.destabilizesnarrowsneutralizesexpands
Solution
The correct answer is "expands". Outsourcing is a business practice in which services or job functions are farmed out to a third party. This can lead to expansion of business operations as it allows the company to focus on core competencies and can also provide them access to new markets and specialized skills.
Similar Questions
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Explain the term 'outsourcing
When a business shuts down its in-house accounting department and gives the work to an accounting firm, it is engaging in _____. Multiple choice question.resourcinginsourcingoutsourcing
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