Josephren

Rating (15):B+
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Educational Level: College Senior
 
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May 10, 2013 at 8:36:16PM 0.25 A great job #2434039 blondshnn
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Josephren replied: it is the original words,
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Recent Blog Post by Josephren
 
OUTSOURCING: ADVANTAGE AND DISADVANTAGE TO BUSINESSJul. 31, 2012 at 03:57:34AM

Outsourcing is a new emerging industry  and became popular in America near the turn of the 21st century.

Outsourcing is a business strategy,it occurs when an organization moves some of its functions, processes, activities and decision responsibility that previously performed internally to outside providers.

There are several advantages and disadvantages to outsourcing and I generally summed as follows

Advanatage:1. Save cost. Outsourcing allows the organization provide its serives,products to the outsourcing  company to reduce operational costs and while still having a large margin for profit

                 2: Outsourcing can help to share risk.

                 3: Outsourcing can help to accommodate peak loads.

                4: Outsourcing can help develop your internal staff.

Disadvanateg:1. By outsourcing a business process, we tend to loose the managerial control.

                    2. Another disadvantage is that outsourcing can also prove to be a threat to the security and confidentiality of issues of a company.

                    3. Other disadvantages of outsourcing may include unfavorable contract lengths, loss of competitive edge, problems in contract renewal, and contractual misunderstandings.