Outsourcing involves which of the following practices?

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The practice of outsourcing is fundamentally about transferring specific business operations or functions to external service providers. When an organization decides to contract business processes to a third party, they are essentially delegating certain tasks or responsibilities that could include anything from customer service to data processing. This approach allows businesses to focus on their core activities while leveraging the expertise and efficiencies of external vendors.

Choosing to outsource can bring various benefits such as cost reductions, access to specialized skills, and the ability to scale operations more flexibly. In the context of data management, outsourcing can involve hiring third-party organizations that have the expertise in handling personal data in compliance with privacy laws and standards.

The other options reflect practices that are contrary to the concept of outsourcing. Keeping all business processes in-house means no outside assistance is utilized, hiring external individuals for personal data management may not encompass the broader business process contract and does not specifically denote outsourcing, while implementing cybersecurity measures internally focuses on an internal strategy rather than the external delegation characteristic of outsourcing.

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