Question

What do you mean by outscouring? Write the merit and limitations of outscouring.

Answer 1

Outsourcing is a common practice of contracting out business functions and processes to third party providers.

ADVANTAGE-
•improved focus on core business activities.
•increased efficiency
•controlled costs

DISADVANTAGED-
•service delivery-which may fall behind time or below expectations
•confidentiality and security-which may be at risk

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