Outsourcing

What is outsourcing?

• Restricts only to the contracting out of non-core business activities

• Restricts only to the contracting out of core business activities

• Restricts only to the contracting out of non-core and core business activities

• Restricts to the contracting out of business activities

Which of the following is not a need for outsourcing?

• Cost reduction

• Economic growth and development

• Cryptography

• Focusing on key functions.

what is the full form of KPO

• Knowledge power outsourcing

• Knowledge process outsourcing

• Key process outsourcing

• Key power outsourcing

What is the full form of BPO?

• Business process outsourcing

• Business product outsourcing

• Basic process outsourcing

• Basic product outsourcing

"Generally core activities are outsourced"- TRUE OR FALSE?

• True

• False

"A captive BPO unit provides services to a wide base of clients, cutting across industries."- TRUE OR FALSE?

• True

• False

A Ltd outsources services such as advertising, courier services ect. B Ltd outsources thing like research and development technical analysis etc. which company is outsourcing KPO and which is outsourcing BPO services?

• A Ltd - KPO services and B Ltd - BPO services

• A Ltd- BPO services and B Ltd- KPO Services

Which one of the following is not correct about outsourcing?

• It involves a company hiring another company to do certain work activities.

• It can reduce labor costs.

• It increases overhead costs.

• Outsourcing companies are often in developing countries.

If your company outsources its product assembly to another company so it can focus on its great ability to design and market, the outsourcing is giving your company which of the following advantages?

• Flexibility

• Permits the company to focus on core competencies

• Tax advantages

• None