Get premium membership and access questions with answers, video lessons as well as revision papers.

Distinguish between “Business networking” and “business outsourcing”

      

Distinguish between “Business networking” and “business outsourcing”

  

Answers


Martin
i. Difference between business networking and business outsourcing

A network is composed of people or organizations with which an entrepreneur discusses his business and business opportunities. Business networking therefore refers to the development of a link of persons, organizations and information that affect the business enterprise.

Business outsourcing is an arrangement where one company provides the services (that may usually have been provided by the company) to another company. Commonly outsourced, services may include, transport, catering, cleaning, repairs and maintenance, data handling and clerical services
marto answered the question on February 4, 2019 at 10:32


Next: In relation to global entrepreneurship define the term “gazelle”
Previous: The table below shows the demand and supply schedules for a product. Required: Plot the demand and supply curves and determine the equilibrium price and quantity

View More CPA Entrepreneurship and Communication Questions and Answers | Return to Questions Index


Learn High School English on YouTube

Related Questions