Hiring Others to Perform Some of the Noncore Activities and Decision

question 90

Multiple Choice

Hiring others to perform some of the noncore activities and decision making in a company's value chain,rather than having the company and its employees continue to perform these tasks,is

• A) offshoring.
• B) outsourcing.
• C) supply chain management.
• D) subcontracting.

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Definitions:

Asset

Resources owned by an individual or business that have value and can be used to meet debts, commitments, or legacies.

Liability

Legal obligations or debts that a business or individual is responsible for.

Liability

Liability refers to a company's legal financial debts or obligations that arise during the course of business operations.

Asset

An item of value owned by a person or company, regarded as having economic value and available to meet debts, commitments, or legacies.