OPERATIONS MANAGEMENT W/ CNCT+
OPERATIONS MANAGEMENT W/ CNCT+
12th Edition
ISBN: 9781259574931
Author: Stevenson
Publisher: MCG CUSTOM
Question
Book Icon
Chapter 1, Problem 16DRQ
Summary Introduction

To determine: The impacts of outsourcing.

Introduction: Outsourcing is a policy followed by firms where they hire an outside party to produce their goods which were previously done in-house by their own employees. Outsourcing is seen as a cost-cutting measure where they perform similar jobs with reduced costs. The downside of outsourcing is the potential loss of jobs in the home country.

Blurred answer
Students have asked these similar questions
Explain the various impact of outsourcing?
4. define outsourcing and SaaS? 5. List two reasons offshoring may be risky. 6. Explain the relationship between logical and physical design.
What is the process of IT resource procurement, and why is it important for an organization's operations?
Knowledge Booster
Background pattern image
Similar questions
Recommended textbooks for you
  • Text book image
    MARKETING 2018
    Marketing
    ISBN:9780357033753
    Author:Pride
    Publisher:CENGAGE L
    Text book image
    Purchasing and Supply Chain Management
    Operations Management
    ISBN:9781285869681
    Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
    Publisher:Cengage Learning
Text book image
MARKETING 2018
Marketing
ISBN:9780357033753
Author:Pride
Publisher:CENGAGE L
Text book image
Purchasing and Supply Chain Management
Operations Management
ISBN:9781285869681
Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:Cengage Learning