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An accountant decides to use the services of a cleaning company for one day per week - HSC - SSCE Business Studies - Question 1 - 2012 - Paper 1

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An accountant decides to use the services of a cleaning company for one day per week. What is this an example of? (A) Development (B) Downsizing (C) Global contract... show full transcript

Worked Solution & Example Answer:An accountant decides to use the services of a cleaning company for one day per week - HSC - SSCE Business Studies - Question 1 - 2012 - Paper 1

Step 1

What is this an example of?

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In this scenario, the accountant is choosing to hire a cleaning company to handle the cleaning tasks instead of doing it in-house. This decision is an example of outsourcing.

Outsourcing refers to the practice of delegating a task or responsibility to an external company or service provider rather than managing it internally. This allows the accountant to focus on core financial responsibilities without being burdened by additional operational tasks.

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