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22 July, 09:52

Purchasing a product or service from an outside contractor that had been previously provided internally is called A. outsourcing B. transaction costing. C. vertical integration D. horizontal integration E. geographic integration

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  1. 22 July, 10:20
    0
    Answer: A outsourcing

    Explanation:

    Outsourcing is the business practice of employing an outsider to a company to execute a project such as provision of goods and services which is initially being produced by the same company.
  2. 22 July, 10:24
    0
    A. outsourcing

    Explanation:

    Outsourcing is a business practice in which a company or business organization hires a third party that is not part its member of staff to carry out job functions on its behalf, instead of using its own employees. This practice has become a common trend over time in human resources as one of the effective ways of cutting costs in running a business.
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