Resource title

Outsourcing

Resource image

image for OpenScout resource :: Outsourcing

Resource description

Outsourcing occurs when a company 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/small/Op-Qu/Outsourcing.html

Resource license

Copyright © 2011 Advameg, Inc.