contracting business functions or operations to external parties is called ________.

contracting business functions or operations to external parties is called ________.

contracting business functions or operations to external parties is called ________.

Answer

Brief Explanations:

Outsourcing is the practice of contracting business - related functions or operations to external parties. It is a common strategy in business to reduce costs, gain access to specialized expertise, etc.

Answer:

Outsourcing