CBSE BoardEnglish MediumSTD 11 CommerceEntrepreneurshipResource Mobilization1 Mark
Question
What do you understand by captive unit arrangements?
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Answer
Captive Service: Captive Service is a portion of Business Process Outsourcing where an organization will use a wholly owned subsidiary instead of a Third Party Vendor. Parent company will use the resources made by the subsidiary company , with the only benefit of reducing the cost of production, cost of saving of using outside resources and easily maintaining and complete control over the process.
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