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what is outsourcing

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what is outsourcing

Posted by Anurag Bajaj 8 years, 2 months ago

CBSE > Class 11 > Business Studies

1 answers

Amar Kumar 8 years, 2 months ago

Outsourcing :It is a practice used by different companies to reduce costs by transferring portions of work to outside suppliers rather than completing it internally.
Outsourcing is an effective cost-saving strategy when used properly. It is sometimes more affordable to purchase a good from companies with than it is to produce the good internally.

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