Question

The subcontracting or contracting out of activities to external organizations that had previously been performed by the firm is called:
A) Offshoring
B) Insourcing
C) Outsourcing
D) Homesourcing

Answer 1

Answer:

C) Outsourcing

Explanation:

Outsourcing -

It is a business strategy first recognized in 1989 .

It is the business practice for the process of hiring  party outside the company to create goods and provide services which were performed by the company's staff and employees .  

Outsourcing is a practice which is performed as a cost - cutting measure .

It can also affect many jobs , from customer to office .