Consequences of poor outsourcing Introduction: Outsourcing: Outsourcing is a policy followed by firms where the hire an outside party to produce 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 impending loss of jobs in the home country.

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Chapter 2, Problem 17DQ

Summary Introduction

To determine: Consequences of poor outsourcing

Introduction:

Outsourcing:

Outsourcing is a policy followed by firms where the hire an outside party to produce 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 impending loss of jobs in the home country.

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