Buying of goods or services from suppliers or vendors of some other country instead of local supplier is classified as

 

Buying of goods or services from suppliers or vendors of some other country instead of local supplier is classified as

a. outsourcing
b. insourcing
c. idle sourcing
d. sunk sourcing

To answer this question, you must understand each answer choice in the multiple-choice above. So you will find the right answer.

A. outsourcing

it is True, because outsourcing is the best and correct answer to the above question. so, choose this answer.

B. insourcing

Wrong. Because insourcing is a bad choice for an answer.

C. idle sourcing

Wrong answer Again, because idle sourcing is a nonsensical answer. do not choose this answer.

D. sunk sourcing

It is Wrong Because sunk sourcing does not include the correct answer.

The Answer From Buying of goods or services from suppliers or vendors of some other country instead of local supplier is classified as

So the correct answer is A i.e. outsourcing. Hopefully, it can help work on your problem and can add to your insight as well.