Asked by
Rishaan Shaikh
on Oct 30, 2024
Verified
Trinkets Inc., a manufacturer of widgets, has entered into a contract with a third party to perform services related to processing orders, managing inventory levels, and shipping products to customers. The company is engaged in
A) offshoring.
B) consolidating.
C) licensing.
D) acquiring.
E) outsourcing.
Outsourcing
The business practice of hiring a party outside a company to perform services or create goods that traditionally were performed in-house.
- Get to know the tactics for labor surplus and shortage management.
- Explore the effects of outsourcing and temporary staffing on the efficiency of companies and the commitment levels of their employees.
Verified Answer
FV
Learning Objectives
- Get to know the tactics for labor surplus and shortage management.
- Explore the effects of outsourcing and temporary staffing on the efficiency of companies and the commitment levels of their employees.
Related questions
Identify a Disadvantage of Using Temporary and Contract Workers ...
Ernie, a Manager at a Large Decoration Store, Is Expecting ...
Identify the Similarity Between the Outsourcing and Overtime Strategies for ...
What Are the Most Widespread Methods for Eliminating Labor Shortages ...
Which Statement Best Describes Outsourcing ...