Vidyalelo
Management · Q710

International Finance and Treasury

Graduate and Post Graduate · Management · question 710

Q710

Service acquired from other state is related to

A.
dumping
B.
bribes
C.
outsourcing
Answer
D.
exchange policy

Answer: Option C

Solution

Answer: Option C
Solution:
Service acquired from other state is related to outsourcing. Outsourcing is the business practice of hiring a party outside a company to perform services and create goods that traditionally were performed in-house by the company's own employees and staff. Outsourcing is a practice usually undertaken by companies as a cost-cutting measure.