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Title: Outsourcing

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Subject: Business
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Date: July 18, 2001
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Length: 3 / 687
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This is how an organization can reduce costs by outsourcing. Using the human resources example, one can see that such a division works on a basis where unnecessary wages are being paid. As most organizations do not require things such as constant recruitment, outsourcing them can save much money...

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The fact to keep in mind is that outsourcing does not do away with decision-making and a need for managers to be in control. On the contrary, managers are required to constantly monitor and evaluate outsourced functions to be sure that they are beneficial to their organization...

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