Blank
______ is an arrangement by which one organization provides a service or services for another organization that chooses not to perform them in-house.

Question

BlackTom AI · Accepted Answer

The prompt asks us to complete a definition of a business arrangement by selecting the term that fits the blank.
Option 1: Insourcing. This word means performing a function internally within an organization, using its own staff and resources. That is the opposite of the scenario described, where the service is provided by another organization, not in-house.
Option 2: Systems. This term refers to the organized combination of components or processes that work together, often within an organization or technology context. It does not specifically describe an arrangement where services are outsourced to an external provider.
Option 3: Outsourcing. This term accurately matches the described arrangement: one organization contracts out a service to another organization that chooses not to perform it internally. The definition aligns with the concept of delegating a function to an external supplier for efficiency, cost, or strategic reasons.
Reassessing each option, the first two either convey in-house execution (insourcing) or a broad concept not tied to external provision (systems), while outsourcing directly captures the external provision aspect described in the blank.

Blank ______ is an arrangement by which one organization provides a service or services for another organization that chooses not to perform them in-house.

View Explanation

Log in for full answers

Similar Questions

A third party adds most value when:

The idea behind _______ is “focus on what you do best and let others do the rest”.

What is an arrangement by which one organization provides a service or services for another organization that chooses not to perform them in-house?

Part 1What is transferring a firm's activities that have traditionally been internal to external suppliers?Part 2 A. keiretsu network B. make-or-buy C. outsourcing D. vertical integration

Question at position 14 Buying materials and components from suppliers instead of making them in your company-owned operations, is known as?OutsourcingSelective SourcingOffshoringInsourcing

Which of the following statement regarding outsourcing is TRUE?

Whereas 'strategic alliances' focus on collaboration and exchange between partners to achieve some benefits, 'outsourcing' usually focuses more explicitly on the uni-dimension of a firm reducing its _________.

More Practical Tools for Students Powered by AI Study Helper

Homework AI Solver

Stylized AI Paper Writer

Plagiarism Checker Assistant

Citation AI Academic Writing Tool

In-Class Translation Assistant

AI Note Generator

AI Quiz Answers

Past Exam Questions from University Test Bank

Smart Practice Assistant

Adaptive Practice

Making Your Study Simpler