Which of the following best describes outsourcing? (A) Leasing an asset from another business (B) Management considering stakeholders' needs (C) Purchasing support services from another business (D) Establishing a close long-term relationship between businesses - HSC - SSCE Business Studies - Question 19 - 2007 - Paper 1

Outsourcing is the practice of obtaining goods or services from an outside or external source. The most accurate option is:

(C) Purchasing support services from another business.

This choice directly defines outsourcing as it involves hiring another company to provide services that could be provided internally, effectively allowing a business to focus on its core operations.