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    Outsourcing
    Outsourcing
    Outsourcing
    Ebook36 pages17 minutes

    Outsourcing

    By IntroBooks Team

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    About this ebook

    The Outsourcing as we know is the process of involvement of
    a third-party service provider to carry out the internal functions
    of the company for rendering maximum profits and sales. The
    selection of the outsourcing partner should be made wisely by
    checking onto the past records of work with other clients and
    the expertise with which they perform their tasks. There have
    been times when company selects the outsourcing partner on
    the basis of low bidding rates and then they have to face
    problems like quality deterioration, delay submission of products
    etc.
    The process of outsourcing was introduced during the 1970's
    and became popular by the 1990's. The outsourcing of
    products has its own set of advantages and disadvantages that
    it provides to the company.
    The scope and future use of outsourcing is immense as it
    provides with the facility of low cost investment and efficient
    product output. It provides the companies with the services that
    they don't have inhouse for the efficient product output which
    helps them in gaining experience and expertise to carry out the
    process.

    LanguageEnglish
    PublisherIntroBooks
    Release dateNov 22, 2019
    ISBN9781393248859

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      Book preview

      Outsourcing - IntroBooks Team

      Outsourcing

      IntroBooks #503

      readintrobooks.com

      Copyright © 2018 IntroBooks

      ALL RIGHTS RESERVED.

      Preface

      The Outsourcing as we know is the process of involvement of a third-party service provider to carry out the internal functions of the company for rendering maximum profits and sales. The selection of the outsourcing partner should be made wisely by checking onto the past records of work with other clients and the expertise with which they perform their tasks. There have been times when company selects the outsourcing partner on the basis of low bidding rates and then they have to face problems like quality deterioration, delay submission of products etc.

      The process of outsourcing was introduced during the 1970’s and became popular by the 1990’s. The outsourcing of products has its own set of advantages and disadvantages that it provides to the company.

      The scope and future use of outsourcing is immense as it provides with the facility of low cost investment and efficient product output. It provides the companies with the services that they don’t have inhouse for the efficient product output which helps them in gaining experience and expertise to carry out the process.

      Summary

      The beginning of Outsourcing has been marked in the 21st Century and the outsourcing practices are believed to increase the business rates of the industries by 85% at that time. According to the statistics India, China and Malaysia are the top three countries where outsourcing takes place at a high rate.The scope of Outsourcing is immense and is used by many large-scale, medium-scale and small-scale companies. The areas where its use has been explained are development companies, Call Centres, Manufacturing, Ghostwriting, Web Designing, Accounting and HR Management, Marketing and Sales Report etc.

      The companies involve themselves in the outsourcing process I order to gain maximum profit and for the expansion of

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