Outsourcing: An Overview

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Questions and Answers

What is the term for relocating a business function to a nearby country?

  • Outsourcing
  • Offshoring
  • Privatization
  • Nearshoring (correct)

Which of the following activities is an example of non-core functions that can be outsourced?

  • Payroll processing
  • Manufacturing
  • Facility management (correct)
  • Privatization

What term describes the practice of handing over control of public services to private enterprises?

  • Offshoring
  • Privatization (correct)
  • Outsourcing
  • Nearshoring

Which term refers to moving work to a distant country?

<p>Offshoring (A)</p> Signup and view all the answers

In the context of outsourcing, what does offshoring involve?

<p>Relocating a business function to a distant country (B)</p> Signup and view all the answers

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