Resource title

Outsourcing

Resource image

image for OpenScout resource :: Outsourcing

Resource description

A company is outsourcing when it purchases products or services from an outside supplier, rather than performing the same work within its own facilities, in order to cut costs. The decision to outsource is a major strategic one for most companies, since it involves weighing the potential cost savings against the consequences of a loss in control over the product or service.

Resource author

Resource publisher

Resource publish date

Resource language

en

Resource content type

text/html

Resource resource URL

http://www.referenceforbusiness.com/encyclopedia/Oli-Per/Outsourcing.html

Resource license

Copyright © 2011 Advameg, Inc.