As a form of economic activity, why has outsourcing intensified in recent times ?
Answer & explanation
Correct answer: option 3
The correct answer is Option 3: Due to growth of fast modes of communication
As a form of economic activity, outsourcing has intensified, in recent times, because of the growth of fast modes of communication, particularly the growth of Information Technology (IT). Many of the services such as voice-based business processes (popularly known as BPO or call centres), record keeping, accountancy, banking services, music recording, film editing, book transcription, clinical advice or even teaching are being outsourced by companies in developed countries to India.