Operations Management
Operations Management
13th Edition
ISBN: 9781259667473
Author: William J Stevenson
Publisher: McGraw-Hill Education
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Chapter 1, Problem 16DRQ
Summary Introduction

To determine: The impacts of outsourcing.

Introduction: Outsourcing is a policy followed by firms where they hire an outside party to produce their goods which were previously done in-house by their own employees. Outsourcing is seen as a cost-cutting measure where they perform similar jobs with reduced costs. The downside of outsourcing is the potential loss of jobs in the home country.

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Explain the business benefits of outsourcing.
Explain the various impact of outsourcing?
Describe the key factors essential to effectively manage outsourcing.
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