To explain: The issues associated with the insourcing and outsourcing decisions.
Company FC is a Company FC is a $3 billion producer of small industrial engines. The firm is undergoing an internal review on the areas the company should focus the product development efforts. Insourcing and outsourcing is part of redefining Company FC approach.
Insourcing and outsourcing decisions:
The insourcing and outsourcing decisions are made keeping in mind the specifics of the process involved. Companies’ insource to ensure that there is control over their core activities. Companies outsource mainly to cut down costs.
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