A Company That Specializes in Rendering Payroll Services to Client

question 87

Short Answer

A company that specializes in rendering payroll services to client companies for a fee is a(n) ______________________________.

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Definitions:

Value-Chain Analysis

An analytical framework for identifying business activities that add value to the final product or service in order to gain competitive advantage.

SPA

Typically stands for Sales and Purchase Agreement, a legally binding contract outlining the terms of sale between a buyer and seller.

Operations

Encompasses all the activities involved in the production, selling, and distribution of a company's goods or services.

Competitive Advantage

A unique attribute or capability that allows a company to outperform its competitors, creating greater value for its customers or stakeholders.