Hiring Others to Perform Some of the Noncore Activities and Decision

question 128

Short Answer

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 activities,is called ____________.

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Definitions:

Preretirement

A phase of life before retirement during which an individual starts planning and preparing for life after work, including financial planning and lifestyle changes.

Close Relatives

Family members closely related by blood or marriage, typically including parents, siblings, and children, who often have significant emotional ties.

Control Strategies

Techniques or methods used to manage or influence situations, processes, or one's own emotional responses effectively.

Flexibility

The capacity to adjust to novel, diverse, or evolving needs and circumstances.