What Are the Three Service Provider Business Models

question 423

Multiple Choice

What are the three service provider business models?

• A) Internal service provider, outsourced 3rd party and off-shore party
• B) Internal service operations provider, external service operations provider, shared service unit
• C) Internal service provider, external service provider, outsourced 3rd party
• D) Internal service provider, external service provider, shared service unit

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Definitions:

Trading Partnership

A Trading Partnership is a legal arrangement where two or more parties agree to conduct business activities together for profit, typically involving the buying and selling of goods or services.

Cash Flow Problems

Financial challenges faced by a business when it does not have enough cash on hand to cover its obligations.

Providing Services

Refers to the act of performing tasks or duties for others, usually in exchange for compensation.

Managing Partner

A member of a partnership who has the authority and responsibility for the management and operation of the business.