Asked by Jordan Tongen on Jul 19, 2024
Verified
Three reasons that organizations outsource are financial savings,strategic focus,and access to advanced technology.
Strategic Focus
Emphasizes the long-term planning and prioritization of resources and activities towards achieving overarching goals and objectives in an organization.
Financial Savings
The portion of income not spent on current expenditures or taxes, often set aside for future use or investment.
Advanced Technology
Cutting-edge or highly developed technology that offers superior performance or capabilities compared to existing solutions.
- Comprehend the function of outsourcing in realizing financial economies, concentrating on strategic objectives, and obtaining advanced technological capabilities.
Verified Answer
EM
Enmanuel MorilloJul 22, 2024
Final Answer :
True
Explanation :
This statement is true. Organizations often outsource to save money, allow themselves to focus on their core business strategies, and gain access to advanced technology or expertise.
Learning Objectives
- Comprehend the function of outsourcing in realizing financial economies, concentrating on strategic objectives, and obtaining advanced technological capabilities.