When an Organization Outsources to a Company,the Company Fires the Employees

question 94

True/False

When an organization outsources to a company,the company fires the employees of the original organization.

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Definitions:

Operating Expenses

Recurring expenses related to the core operations of a business, excluding the cost of goods sold, such as rent, utilities, and salaries.

Net Income

The net income a business generates once all costs and taxes are deducted from its total revenue.

Units Sold

The total quantity of products sold within a specific timeframe.

Product Cost

The total expenses incurred to produce a product or service, including direct materials, labor, and manufacturing overhead costs.