Define term strategic outsourcing
Define the term strategic outsourcing.
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Strategic outsourcing is defined as the separation of some of the company’s value creation activities in the business and as letting them be performed through the specialist in that activity strategic outsourcing will decrease the cost-structure of company and improve its profitability. Also, strategic outsourcing of the non-core activities assists the company to focus management attention over those activities that one mainly significant for its long term competitive position.
Illustrate the difference between the programs and the procedures.
Under what conditions can an organization decide to adopt disinvestment strategies? What approaches can be adopted?
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What are the value match-ups of LVMH's diversification into luxury goods? What are the opportunities for skills transfer, cost sharing, brand sharing?
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What are the value chain match-ups of LVMH's Diversification case study?? What are the opportunities for skills transfer, cost sharing or brand sharing?
This is a follow up response of discussion, the subject is management of strategic operation, the discussion is talking about the globe integration and related implication.
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