Project Activities Lead to Project Results Which Lead to Development

question 83

True/False

Project activities lead to project results which lead to development outcomes and development impact.

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Definitions:

Outsourcing Work

The practice of hiring third parties to perform services or produce goods that traditionally were performed in-house by the company's employees.

Administrative Expenses

The costs associated with the general administration and management of a business, including salaries of executives, office supplies, and utilities.

Outsourcing

The business practice of hiring a party outside a company to perform services and create goods traditionally performed in-house by the company's own employees.

Phased-Retirement Program

A type of retirement plan that allows employees to gradually reduce their working hours as they transition to full retirement, often while retaining some benefits.