A Particularly Strong Expansion Is Called A(n)

question 103

Multiple Choice

A particularly strong expansion is called a(n) :

• A)output excess.
• B)boom.
• C)growth recession.
• D)bonanza.

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Definitions:

Insourced

The process of performing tasks or services internally within a company, as opposed to outsourcing them to an external provider.

Outsourced

The practice of having certain job functions or processes handled outside of the company, typically by third-party vendors, instead of being conducted internally.

Outsourcing

The business practice of hiring parties outside a company to perform services or create goods that traditionally were performed in-house.

Private Sector

The part of the economy that is owned and operated by individuals and companies for profit, as opposed to being government controlled.