Operations Management
Operations Management
11th Edition
ISBN: 9780132921145
Author: Jay Heizer
Publisher: PEARSON
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Chapter 2, Problem 13DQ
Summary Introduction

To determine: Outsourcing trends.

Introduction:

Outsourcing:

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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