Question

What is a subcontract? explain by taking textile industry as an example​

Answer 1

Answer:

Subcontracting is the practice of assigning, or outsourcing, part of the obligations and tasks under a contract to another party known as a subcontractor. Subcontracting is especially prevalent in areas where complex projects are the norm, such as construction and information technology.

ex.Many small businesses hire subcontractors to assist with a wide variety of functions. For example, a small business might use an outside firm to prepare its payroll, an accountant to help with its record keeping and tax compliance, or a free-lance worker to handle a special project.

Explanation:

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Answer 2

Answer:

thanks for free points

Explanation:

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