1 select the correct answer from each drop - down menu. which strategy do companies use for their financial…

1 select the correct answer from each drop - down menu. which strategy do companies use for their financial benefit? outsourcing is a business strategy that companies use to reduce

1 select the correct answer from each drop - down menu. which strategy do companies use for their financial benefit? outsourcing is a business strategy that companies use to reduce

Answer

Brief Explanations:

Outsourcing is a common business - management strategy where companies hire external parties to perform tasks. One of the main reasons for outsourcing is to reduce costs, such as labor costs, by taking advantage of lower - cost labor markets or more efficient service providers.

Answer:

Outsourcing is a business strategy that companies use to reduce costs.