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Question
A practice used by different companies to reduce costs by transferring portions of work to outside provider rather than completing it internally is termed as:
Options:
A .  Planning
B .  Decentralization
C .  Restructuring
D .  Outsourcing
Answer: Option D
A practice used by different companies to reduce costs by transferring portions of work to outside provider rather than completing it internally is termed as Outsourcing. HR Outsourcing is a process in which the human resource activities of an organization are outsourced so as to focus on the organization`s core competencies. Often HR functions are complex and time consuming that it will create difficulty in managing other important thrust areas.

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