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What are the pros and cons of outsourcing? When is it desirable and necessary?

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General Management

What are the pros and cons of outsourcing? When is it desirableand necessary?

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Outsourcing is defined as getting goods or service from outside vendors Pros 1 It can result in lower costs 2 It can bring more efficiency as outsourced organization have better expertise in this domain 3 It allows organizations to focus more    See Answer
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