What Are Benefits and Limitations of Outsourcing?


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Outsourcing

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Outsourcing refers to a company that contract with another company to provide services that might otherwise be performed by in-house employees
Benefits of Outsourcing:
1. Cost savings
2. Focus on Core Business.
3. Improve quality.
4. Completion of work on time.
5. Access to talent.
6. Outsourcer acts as a catalyst for change in the concern country.
7. Enhance capacity for innovation.[
8. Standardisation.
9. Less Tax  .
10. Manage short term  increase.
Limitations of outsourcing
 1]Quality risk
2] Lowers Productivity.
3] Security issues.
 4] Labour turnover at outsourcers.
5] Less control.
6] Low motivation.

 

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We, at BMS.co.in, believe in sharing knowledge and giving quality information to our BMS students. We are here to provide and update you with every details required by you BMSites! If you want to join us, please mail to [email protected]

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