A Company Hires a Travel Agency to Look After Employee

question 116

Multiple Choice

A company hires a travel agency to look after employee travel arrangements.This is an example of ________.

• A)licensing
• B)outsourcing an entire system
• C)application outsourcing
• D)outsourcing an entire business function

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Definitions:

Immediate Payoff

The immediate benefits or rewards derived from a particular action or decision.

Basic Research

Research conducted to increase fundamental knowledge and understanding, without a specific practical aim or application.

Applied Research

Research aimed at solving practical problems and improving human life and conditions through direct applications of scientific knowledge.

General Knowledge

Broad, basic information and facts about a wide range of subjects that are considered common understanding.