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November 6, 2022

Outsourcing – What Are the Advantages and Disadvantages of Outsourcing?

Outsourcing is a common business strategy. Organizations outsource functions, activities, processes and decision responsibility to outside providers. Outsourcing is done through contract agreements with vendors that take on the risk and responsibility for the quality, people management, process and service of a business function. Outsourcing helps to reduce organizational overhead costs. So why do organizations…

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