Question : One advantage of outsourcing is:
Option 1: Higher labor costs
Option 2: Increased control over operations
Option 3: Access to specialized skills and expertise
Option 4: Limited flexibility in business operations
Correct Answer: Access to specialized skills and expertise
Solution : The correct answer is (c) Access to specialized skills and expertise
One advantage of outsourcing is access to specialized skills and expertise. When companies outsource certain tasks or functions to external organizations or individuals, they can tap into the knowledge and capabilities of specialized service providers.
Outsourcing allows businesses to leverage the expertise of professionals who are dedicated to specific areas of work. These service providers often have in-depth knowledge, experience, and resources focused on the outsourced function. By outsourcing to such providers, companies can benefit from their specialized skills and stay updated with the latest industry trends and best practices.
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