Asked by Ailsa Hansen on Jul 19, 2024
Verified
Outsourcing is a contractual relationship for the provision of business services by any available provider with relevant expertise.
Contractual Relationship
A legally binding agreement between two or more parties that outlines the terms and conditions of their relationship or deal.
Relevant Expertise
Possession of skills and knowledge directly applicable and beneficial to a specific task, job, or field of study.
- Familiarize oneself with the notion and rationale for the adoption of outsourcing, along with its pluses and minuses.
Verified Answer
KS
Kendall SmithJul 22, 2024
Final Answer :
False
Explanation :
Outsourcing involves contracting out business services to an external provider, but it does not imply that any available provider with relevant expertise can be chosen; rather, the selection is based on various factors including cost, quality, and reliability.
Learning Objectives
- Familiarize oneself with the notion and rationale for the adoption of outsourcing, along with its pluses and minuses.
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