What Is an Arrangement by Which One Organization Provides a Service

question 92

Multiple Choice

What is an arrangement by which one organization provides a service or services for another organization that chooses not to perform them in-house?

• A) In-sourcing
• B) Outsourcing
• C) Business process outsourcing
• D) Offshore outsourcing

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Definitions:

Legal Issues

Disputes or matters that involve interpretation and application of law in conflict resolution or decision-making processes.

Manufacturers

Entities involved in the process of producing goods from raw materials through various processes, machinery, and operations.

Consumers

Individuals or households that use goods and services generated within the economy.

Imported Products

Goods brought into a country from abroad for the purpose of trade or sale.