Question: Outsourcing: may reduce operating costs, improve focus on core competencies, and gain access to world - class capabilities. decisions are based on cost - benefit

Outsourcing:
may reduce operating costs, improve focus on core competencies, and gain access to world-class capabilities.
decisions are based on cost-benefit analysis.
usually results in increased hiring to attain expertise that the organization does not already possess.
occurs primarily in large manufacturing firms in the private sector, but is rarely practiced in public purchasing.

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