Question

Subcontracting refers to the practice of: Multiple Choice an organization hiring a contractor to perform a task it has been doing in house. an organization hiring substitute labor to cover for a supplier’s labor shortage. a prime contractor bidding on another contractor’s incomplete jobs. a prime contractor bidding out part of a job to another contractor. a prime contractor hiring substitute labor during a strike.

Answer 1

Answer:

a) an organization hiring a contractor to perform a task it has been doing in house.

Explanation:

Sub contracting (outsourcing) is the practice of business giving out a internal task or a function to an to an external contractor to perform in order for the business to concentrate on achieving its core function. It must be noted that the function(s) that are contracted out are those the business organization could do or have doing itself.

These functions are outsourced to enable the business achieve efficiency and get the benefits and value of expertise of the contractor.

It is also known as outsourcing or contract manufacturing