What Are the Trends in Outsourcing

question 30

Multiple Choice

What are the trends in outsourcing?

• A)The scope of outsourcing is declining.
• B)The scope of outsourcing is expanding.
• C)The scope of outsourcing is remaining constant.
• D)Outsourcing is being replaced by off shoring.

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Definitions:

Industry

A sector of the economy that produces a closely related set of raw materials, goods, or services.

Net Change In Cash

Represents the total change in a company's cash and cash equivalents over a specific period, taking into account cash inflows and outflows from all business activities.

Financial Analysts

Financial Analysts are professionals who evaluate investments, trends, and financial data to help companies and individuals make informed financial decisions.

Firm

A business organization, such as a corporation, partnership, or sole proprietorship.