Question

(tco 3) techpoint, a technical writing and business documentation firm, finds it difficult to handle its training requirements. the company forms a one-year contract with impact inc., a language training firm, to conduct training and refresher courses for their employees. this is an example of _____.

Answer 1

This is an example of "outsourcing".

Outsourcing is the business routine with regards to procuring a gathering outside an organization to perform benefits and make products that generally were performed in-house by the organization's own representatives and staff. Generally done as a cost-cutting measure, it can influence occupations going from client support to assembling to the back office.  

Outsourcing can enable organizations to lessen work costs essentially by outsourcing certain assignments. Organizations can likewise dodge costs related with overhead, gear and innovation.