Technology, Like the Internet, Has Opened Up Opportunities for Firms

question 329

True/False

Technology, like the Internet, has opened up opportunities for firms to sell to new markets.

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Definitions:

Furloughing

A situation in which an organization asks or requires employees to take time off for either no pay or reduced pay.

Employee Leasing

An arrangement where businesses contract with a third-party organization to manage and provide their workforce, transferring many of the employer's responsibilities and liabilities.

Outsourcing

The practice of hiring external firms or individuals to perform tasks, handle operations or provide services that are either difficult to manage or are outside the company's core competencies.