Question: What is the difference between insourcing and outsourcing? Give two real life examples each for insourcing and outsourcing. What questions should you ask before deciding

  1. What is the difference between insourcing and outsourcing? Give two real life examples each for insourcing and outsourcing.
  2. What questions should you ask before deciding to consider outsourcing or not to outsource?
  3. What factors to consider when choosing a supplier?
  4. Explain in your own words the following terms and provide real life example;
    1. Single sourcing
    2. Multiple sourcing
    3. Cross sourcing
    4. Dual sourcing

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