Hiring an External Vendor to Do Work Rather Than Doing

question 98

Multiple Choice

Hiring an external vendor to do work rather than doing it internally is called __________.

• A) insourcing
• B) outsourcing
• C) outscoring
• D) encoring

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Definitions:

Land Improvements

Enhancements made to a parcel of land to increase its value, such as landscaping, paving, and lighting.

New Business Location

The process or consideration involved in expanding a business by establishing operations in a new geographical area or market.

Land Improvements

Enhancements made to a parcel of land, such as fencing, lighting, and paving, that increase the property's value.

Landscaping

The process of making a yard or other piece of land more attractive by altering the existing design, adding ornamental features, and planting trees and shrubs.