Question

____________ refers to contracting out some of its activities to a third party which were earlier performed by the organisation. *

1 point

(a) BPO

(b) E-Commerce

(c) Outsourcing

(d) E-Banking

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Answer 1

Answer:

(c) plese mark this as brainlest answer plz

Explanation:

Outsourcing (sometimes referred to as "contracting out") shifts tasks, operations, jobs, or processes to an external workforce, by contracting with a third party for a significant period of time. Businesses typically do this to reduce costs or improve efficiency. Outsourced functions can be performed by the third party either onsite or offsite of the business.

Answer 2

____________ refers to contracting out some of its activities to a third party which were earlier performed by the organisation. c) Outsourcing

Outsourcing:

• Outsourcing is the business practice of contracting with a country outside the company to provide a service or produce a product.
• Outsourcing is a practice commonly adopted by businesses as a cost-cutting measure.

Explanation for incorrect:

(a) BPO: BPO stands for business process outsourcing, which means that a company outsources its business processes to a third (outside) company.

The main goal is to cut costs, reduce free time and focus on the most important aspects of your business.

(b) E-Commerce: E-commerce is the buying and selling of goods and services over the Internet.

• This is done using computers, tablets, smartphones and other smart devices. In modern e-commerce, you can buy almost everything.

(d) E-Banking:

Electronic banking provides services to bank customers 24 hours a day, 365 days a year.

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