Hiring Someone Outside the Company to Perform Tasks That Could

question 57

Multiple Choice

Hiring someone outside the company to perform tasks that could be done internally is known as:

• A)outplacement.
• B)contracting.
• C)outsourcing.
• D)employee leasing.

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Definitions:

Labour Markets

The supply and demand dynamics of workers, where employers seek to hire labor and individuals offer their skills and abilities in exchange for compensation.

Business Dealings

The formal relations and transactions conducted between businesses or between businesses and individuals.

Computer Languages

Formal languages comprising a set of instructions that can be used to produce various kinds of output, including software programs, used in computing.

Organisation

A structured group of individuals working together to achieve common goals or objectives.