________ Occurs When the Organization Contracts with an Outside Provider

question 92

Multiple Choice

________ occurs when the organization contracts with an outside provider to produce one or more of an organization's products or services.

• A) International development
• B) Outsourcing
• C) Offshoring
• D) Expatriation
• E) Franchising

---

Definitions:

Article 9

A section of the Uniform Commercial Code dealing with secured transactions involving personal property.

Personal Property

Any movable property that is not considered real property, such as vehicles, electronics, and furniture.

Collateral

Assets pledged by a borrower to secure credit or a loan, which can be seized in case of default.

Intangibles

Intangibles refer to non-physical assets that have value, such as intellectual property, goodwill, and brand recognition.