Practicing Success

Target Exam

CUET

Subject

Geography

Chapter

Fundamentals of Human Geography: Tertiary and Quaternary Activities

Question:
Which of the following statements is/are true in respect of outsourcing?
Options:
It is also called as contracting out.
It means giving work to an outside agency
It improve efficiency and to reduce costs.
All of the above
Correct Answer:
All of the above
Explanation:
Outsourcing or contracting out is giving work to an outside agency to improve efficiency and to reduce costs. When outsourcing involves transferring work to overseas locations, it is described by the term off - shoring, although both off - shoring and outsourcing are used together.