What Is the Practice of Procuring from External Sources Services

question 67

Multiple Choice

What is the practice of procuring from external sources services or products that are normally part of an organization?

• A) nearshoring
• B) farshoring
• C) offshoring
• D) outsourcing
• E) backsourcing

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Definitions:

Client's Problem

An issue, difficulty, or challenge that a client is facing, which they seek to address or solve often with the help of a professional or expert.

Client's Expectations

Refers to what a client hopes to achieve or believes will happen as a result of engaging in a service or relationship, such as therapy.

Indigenous Heritage

The traditions, knowledge, practices, and cultural identity that are passed down through generations among indigenous peoples.

Socioeconomic Status

A combined measure of an individual's or family's economic and social position in relation to others, based on income, education, and occupation.