The Term Given to the Practice of Having a Process

question 22

True/False

The term given to the practice of having a process undertaken by an external firm rather than a company doing it itself, is outsourcing.

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Definitions:

Government

The organization or system through which a community, state, or nation is ruled, and which sets and enforces laws and policies.

Tax

A mandatory contribution to state revenue, levied by the government on workers' income and business profits or added to the cost of some goods, services, and transactions.

Burden

A heavy load, often referring to the impact or cost of something on individuals or society.

Buyers

Individuals or entities that purchase goods or services for personal use or for the purpose of reselling.