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The management of Finitos, a stationery manufacturer, wanted to cut down its fixed costs to increase the profits of the company. As a result, it drastically reduced its HR staffs and hired an external agency to manage basic HR functions such as payroll and benefits. To achieve Finitos's objective, the management of the company most likely employed _____.
A) crowdsourcing
B) outsourcing
C) foreign direct investment
D) homeshoring
On Sep 23, 2024