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igomit [66]
3 years ago
15

A shortage of qualified personnel is one of the main reason that companies outsource. A project may require experts in a particu

lar field for several months and planning for this procurement ensures that the needed services will be available for the project. Which benefit does this characteristic of outsourcing provide an organization?
Business
1 answer:
k0ka [10]3 years ago
7 0

Answer: Access to specific skills

Explanation: The benefit of outsourcing that the company is getting in the given example is that the company could get access to experts in the particular jobs that are important for a project.

By outsourcing certain jobs, expert knowledge can be used to operate business with the additional benefit of hundred percent focus.

You might be interested in
How are passwords stored on your personal computer?
enyata [817]
Passwords are stored on the computer with a encrypted format.

Encryption is the translation of data into a secret code. Encryption is the most effective was to achieve data security, which this protects and stores your passwords.

Hope this helps! :D
5 0
3 years ago
The neoclassical view holds that long-term expansion of potential GDP due to _______________________ will determine ____________
boyakko [2]

Answer:

1.  economic growth;

2.  the size of the economy

Explanation:

According to the neoclassical standpoint on issues relating to macroeconomics, it is believed that, over a long period of time, the economy will vary around its potential GDP and its natural rate of unemployment.

Therefore, the size of the economy is defined by potential GDP, and wages and prices will adjust in an intelligent manner so that the economy will move back to its potential GDP level of output.

Hence, The neoclassical view holds that long-term expansion of potential GDP due to ECONOMIC GROWTH will determine THE SIZE OF THE ECONOMY

4 0
3 years ago
Nichols Company uses the percentage of receivables method for recording bad debts expense. The accounts receivable balance is $2
lora16 [44]

Answer:

bad debt expense 6,000 debit

allowance for uncollectible amounts 6,000 credit

Explanation:

expected allowance balance:

account receivable x expected uncollectible amount

200,000 x 4% = 8,000

currently the allowance balance is 2,000

so the amount of the adjustment will be to move the balance to 8,000 from 2,000:  adjusting entry for 6,000

3 0
3 years ago
In a cost reimbursable contract, _____. the contract usually details the quality of the goods or services, the timing needed to
JulsSmile [24]

Answer:

the organization agrees to pay the contractor for the cost of performing the service or providing the goods plus a profit.

Explanation:

A contract can be defined as an agreement between two or more parties (group of people) which gives rise to a mutual legal obligation or enforceable by law.

There are different types of contract in business and these includes: fixed-price contract, cost-plus contract, bilateral contract, implies contract, unilateral contract, adhesion contract, unconscionable contract, option contract, express contract, cost reimbursable contract, etc.

In a cost reimbursable contract, the organization, which is the client agrees to pay the contractor for the cost of performing the service or providing the goods plus a profit.

This ultimately implies that, a client such as a business organization that enters into a cost reimbursable contract with another party such as a contractor, agrees to pay the contractor an agreed amount of money upon the completion or execution of the contract.

7 0
3 years ago
You sell friendship bracelets. You have an agreement with your best friend, Georgina, who is a great artist
disa [49]
Answer
False

Explanation
You are still giving her the 25% not him
7 0
2 years ago
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