Outsourcing and make-or-buy decisions
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Title: Outsourcing and make-or-buy decisions

Essay Details:

Subject: Business
Author: Ken L
Date: February 8, 2014
Level:
Grade: A
Length: 3 / 781

Essay text:

Managers strive on finding new ways to increase efficiency, reduce costs and raise profits to shareholders, and shareholders love it. Human resources is just one of the business functions that are traditionally outsourced and like human resources, functions like IT, administration, distribution and logistics, finance and others have been known to been outsourced successfully. Even though "half of the companies in Outsourcing Institute's 2002 annual survey say they wanted to improve the company's focus and reduce operating costs" [1, p257] some authors point that outsourcing "(?) is a decision not to be made only on the basis of economic considerations, since acquisition or loss of core competencies may also be involved" [3]...

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