When the People of an Organization Doing the Work for Another

question 55

Multiple Choice

When the people of an organization doing the work for another organization are located in another country,the arrangement is called _____.

• A)horizontal integration
• B)business unit sponsoring
• C)offshore outsourcing
• D)functional decomposition

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Definitions:

Providers of Financing

Entities or individuals that supply funds to another party, typically in the form of loans or investments.

Inflation

The rate at which the general level of prices for goods and services is rising, subsequently eroding purchasing power.

Legal System

The comprehensive system of rules and principles, typically enforced through a set of institutions, governing a society and controlling its activities.

IFRS

International Financial Reporting Standards are a set of accounting standards developed by the International Accounting Standards Board (IASB) that serve as a global framework for preparing financial statements.