Question: Answer in 60 words max. Answer completely and receive a like! A large proportion of major corporations outsource their IT functions to specialist suppliers of

Answer in 60 words max. Answer completely and receive a like!

A large proportion of major corporations outsource their IT functions to specialist suppliers of IT services, such as Accenture, IBM and HP. What benefits do corporations derive from outsourcing their IT requirements? What transaction costs might arise from these arrangements

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