A Excite Enterprises, a corporation of amusement parks, uses an accounting firm to handle the payroll and tax functions for the company. Using the services of another firm in this manner is an example of _________.A. outsourcing.
B. functional reassignment.
C. core competencies.
D. benchmarking.

Outsourcing is the process by which a firm identifies a portion of its business process that could be performed more efficiently and / or more effectively by another corporation, which is contracted to develop that portion of business. This frees the first organization to focus on the core function of its business. (The English term outsourcing has been translated into Spanish as outsourcing or outsourcing).

In other words, outsourcing consists of a company hiring a specialized external agency or firm to do something it does not specialize in.

A Excite Enterprises, a corporation of amusement parks, uses an accounting firm to handle the payroll and tax functions for the company. Using the services of another firm in this manner is an example of _________.A. outsourcing. B. functional reassignment. C. core competencies. D. benchmarking.

Answer :

Other Questions

A Excite Enterprises, a corporation of amusement parks, uses an accounting firm to handle the payroll and tax functions for the company. Using the services of another firm in this manner is an example of _________.A. outsourcing.
B. functional reassignment.
C. core competencies.
D. benchmarking.