The Practice of Having Another Company Provide Services Traditionally Associated

question 30

Multiple Choice

The practice of having another company provide services traditionally associated with the administrative role of HR is known as:

• A)e-commerce.
• B)empowering.
• C)contracting.
• D)benchmarking.
• E)outsourcing.

---

Definitions:

President

The elected head of a republican state or the chief executive officer of a corporation or institution.

Congress

The national legislative body of a country, specifically in the United States, made up of the House of Representatives and the Senate.

Board of Governors

The leading body of a central bank system or other regulatory agency, responsible for setting policies and overseeing the institution's operations.

Monetary Policy

The process by which a central bank, currency board, or government manages the supply of money and interest rates to achieve economic objectives like controlling inflation, consumption, growth, and liquidity.