EBK PRINCIPLES OF OPERATIONS MANAGEMENT
EBK PRINCIPLES OF OPERATIONS MANAGEMENT
11th Edition
ISBN: 9780135175859
Author: Munson
Publisher: VST
Question
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Chapter 2, Problem 13DQ
Summary Introduction

Introduction:

To determine: Outsourcing trends.

Introduction:

Outsourcing:

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

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