Why Are Specialized Outsource Vendors More Efficient in Their Offering

question 85

Multiple Choice

Why are specialized outsource vendors more efficient in their offering of training than many organizations?

• A)Outsourcers can achieve economies of scale.
• B)Outsourcers can charge for every transaction.
• C)Outsourcers can maximize their capital.
• D)Outsourcers can provide uninterrupted service.

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Definitions:

Monthly Payments

Regular payments made towards a loan or mortgage each month.

Compounded Semi-Annually

Calculation of interest on the initial principal and the accumulated interest over the first 6 months repeated every half year.

RRSP

Registered Retirement Savings Plan, a Canadian investment vehicle that allows for tax-deferred savings towards retirement.

Contributions

Money that individuals or entities provide towards a common pool or fund, often for purposes like retirement savings plans or investment funds.