What are the outsourcing strategies

Question

What are the outsourcing strategies?

Answer 1

Outsourcing Strategies: Tapering the Boundaries of the Business:

i.  Over the past decade, outsourcing the performance of a few value chain activities traditionally performed in-house has become increasingly famous.

ii. The two heavy themes behind outsourcing are as given below:

       a. Outsiders can often perform certain activities cheaper or better.

       b. Outsourcing permits a firm to concentrate its whole energies on its central business.