1.

What is outsourcing? Illustrate with one example.

Answer»

Heya mate here is your answer ⬇️⬇️⬇️⬇️⬇️
Outsourcing is "an agreement in which one company hires another company to be responsible for an EXISTING internal activity." 
Reasons for outsourcing ⬇️⬇️⬇️⬇️⬇️
Reducing and controlling operating costs.

Improving company focus.

Gaining access to world-class capabilities.

Freeing internal resources for other purposes.

Streamlining or INCREASING efficiency for time-consuming functions.

Maximizing USE of external resources.

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