A Large Publishing Company Contracts with a Freelance Writer for the Task

question 73

Multiple Choice

A large publishing company contracts with a freelance writer for the task of copyediting a new manuscript, instead of hiring a full-time copyeditor. This is an example of ________.

• A) lateral movement
• B) open sourcing
• C) outsourcing
• D) job rotation

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Definitions:

Ongoing Payments

Recurring payments that are made on a regular basis for a service or product.

Royalty Fee

A payment made by one party (the licensee) to another (the licensor) for the ongoing use of an asset, typically intellectual property.

Gross Sales

The total sales revenue of a business before any deductions are made for returns, allowances, or discounts.

Franchise Agreement

A legal contract in which a franchisor grants the franchisee the rights to operate a business under the franchisor's brand and system for a specified period.