Select the proper option from the options given below and rewrite the

1.	Select the proper option from the options given below and rewrite the completed sentence: The process of contracting a business function to someone else is called as ________. Options e-business outsourcing trading
Answer» The process of contracting a business function to someone else is called as outsourcing. Explanation: Outsourcing is the process of contracting out less important (i.e., non-core) business activities to external agencies. These external agencies are highly specialised and enjoy expertise in specific business activities, such as advertisement and promotion of products and post-sale services. By outsourcing less important business activities, firms can focus on important (i.e., core) activities.

Select the proper option from the options given below and rewrite the completed sentence: The process of contracting a business function to someone else is called as ________. Options e-business outsourcing trading

Answer»

The process of contracting a business function to someone else is called as outsourcing.

Explanation:

Outsourcing is the process of contracting out less important (i.e., non-core) business activities to external agencies. These external agencies are highly specialised and enjoy expertise in specific business activities, such as advertisement and promotion of products and post-sale services. By outsourcing less important business activities, firms can focus on important (i.e., core) activities.

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