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Outsourcing
- a)Includes off shoring
- b)Includes contracting out of manufacturing and R&D as well as service processes ? both core and non-core ? but restricts only to domestic territory
- c)Restricts only to the contracting out of Information Technology Enabled Services (ITES)
- d)Restricts only to the contracting out of non-core business processes
Correct answer is option 'A'. Can you explain this answer?
Verified Answer
Outsourcinga)Includes off shoringb)Includes contracting out of manufac...
Outsourcing is a business practice in which a company hires another company or an individual to perform tasks, handle operations or provide services that are either usually executed by the company's own employees. In simple words outsourcing is a business practice in which services or job functions are farmed out to a third-party Outsourcing is also used by companies to dial down and focus on the core aspects of the business, spinning off the less critical operations to outside organizations.
Off Shoring means setting up of business in another country where the labor is cheap. Hence outsourcing includes off shoring which can be of either core or non-core activities o the company/business.
Off Shoring means setting up of business in another country where the labor is cheap. Hence outsourcing includes off shoring which can be of either core or non-core activities o the company/business.
Most Upvoted Answer
Outsourcinga)Includes off shoringb)Includes contracting out of manufac...
Outsourcing is a business practice in which a company hires another company or an individual to perform tasks, handle operations or provide services that are either usually executed by the company's own employees. In simple words outsourcing is a business practice in which services or job functions are farmed out to a third-party Outsourcing is also used by companies to dial down and focus on the core aspects of the business, spinning off the less critical operations to outside organizations.
Off Shoring means setting up of business in another country where the labor is cheap. Hence outsourcing includes off shoring which can be of either core or non-core activities o the company/business.
Off Shoring means setting up of business in another country where the labor is cheap. Hence outsourcing includes off shoring which can be of either core or non-core activities o the company/business.
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Outsourcinga)Includes off shoringb)Includes contracting out of manufac...
Services
c) Involves hiring external companies or individuals to perform tasks or provide services that were previously done in-house
d) Can lead to cost savings and increased efficiency for businesses
e) Can result in job losses in the home country as work is transferred to lower-cost locations
f) May involve the transfer of sensitive data or intellectual property to external parties
g) Can create opportunities for businesses to access specialized skills or expertise not available internally
h) Can be controversial and face criticism for exploiting low-wage workers or contributing to inequality
c) Involves hiring external companies or individuals to perform tasks or provide services that were previously done in-house
d) Can lead to cost savings and increased efficiency for businesses
e) Can result in job losses in the home country as work is transferred to lower-cost locations
f) May involve the transfer of sensitive data or intellectual property to external parties
g) Can create opportunities for businesses to access specialized skills or expertise not available internally
h) Can be controversial and face criticism for exploiting low-wage workers or contributing to inequality
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Outsourcinga)Includes off shoringb)Includes contracting out of manufacturing and R&D as well as service processes ? both core and non-core ? but restricts only to domestic territoryc)Restricts only to the contracting out of Information Technology Enabled Services (ITES)d)Restricts only to the contracting out of non-core business processesCorrect answer is option 'A'. Can you explain this answer?
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Outsourcinga)Includes off shoringb)Includes contracting out of manufacturing and R&D as well as service processes ? both core and non-core ? but restricts only to domestic territoryc)Restricts only to the contracting out of Information Technology Enabled Services (ITES)d)Restricts only to the contracting out of non-core business processesCorrect answer is option 'A'. Can you explain this answer? for Commerce 2025 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Outsourcinga)Includes off shoringb)Includes contracting out of manufacturing and R&D as well as service processes ? both core and non-core ? but restricts only to domestic territoryc)Restricts only to the contracting out of Information Technology Enabled Services (ITES)d)Restricts only to the contracting out of non-core business processesCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for Commerce 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Outsourcinga)Includes off shoringb)Includes contracting out of manufacturing and R&D as well as service processes ? both core and non-core ? but restricts only to domestic territoryc)Restricts only to the contracting out of Information Technology Enabled Services (ITES)d)Restricts only to the contracting out of non-core business processesCorrect answer is option 'A'. Can you explain this answer?.
Outsourcinga)Includes off shoringb)Includes contracting out of manufacturing and R&D as well as service processes ? both core and non-core ? but restricts only to domestic territoryc)Restricts only to the contracting out of Information Technology Enabled Services (ITES)d)Restricts only to the contracting out of non-core business processesCorrect answer is option 'A'. Can you explain this answer? for Commerce 2025 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Outsourcinga)Includes off shoringb)Includes contracting out of manufacturing and R&D as well as service processes ? both core and non-core ? but restricts only to domestic territoryc)Restricts only to the contracting out of Information Technology Enabled Services (ITES)d)Restricts only to the contracting out of non-core business processesCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for Commerce 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Outsourcinga)Includes off shoringb)Includes contracting out of manufacturing and R&D as well as service processes ? both core and non-core ? but restricts only to domestic territoryc)Restricts only to the contracting out of Information Technology Enabled Services (ITES)d)Restricts only to the contracting out of non-core business processesCorrect answer is option 'A'. Can you explain this answer?.
Solutions for Outsourcinga)Includes off shoringb)Includes contracting out of manufacturing and R&D as well as service processes ? both core and non-core ? but restricts only to domestic territoryc)Restricts only to the contracting out of Information Technology Enabled Services (ITES)d)Restricts only to the contracting out of non-core business processesCorrect answer is option 'A'. Can you explain this answer? in English & in Hindi are available as part of our courses for Commerce.
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Outsourcinga)Includes off shoringb)Includes contracting out of manufacturing and R&D as well as service processes ? both core and non-core ? but restricts only to domestic territoryc)Restricts only to the contracting out of Information Technology Enabled Services (ITES)d)Restricts only to the contracting out of non-core business processesCorrect answer is option 'A'. Can you explain this answer?, a detailed solution for Outsourcinga)Includes off shoringb)Includes contracting out of manufacturing and R&D as well as service processes ? both core and non-core ? but restricts only to domestic territoryc)Restricts only to the contracting out of Information Technology Enabled Services (ITES)d)Restricts only to the contracting out of non-core business processesCorrect answer is option 'A'. Can you explain this answer? has been provided alongside types of Outsourcinga)Includes off shoringb)Includes contracting out of manufacturing and R&D as well as service processes ? both core and non-core ? but restricts only to domestic territoryc)Restricts only to the contracting out of Information Technology Enabled Services (ITES)d)Restricts only to the contracting out of non-core business processesCorrect answer is option 'A'. Can you explain this answer? theory, EduRev gives you an
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