what do you mean by outsourcing of service write the merits and limitation of outsuorcing
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Merits:
- The most obvious and visible benefit relates to the cost savings that outsourcing brings about.
- When you outsource your business needs to an outsourcing partner they bring years of experience in business practices and expertise in delivering complex outsourcing projects.
- Outsource focus on core areas
- Save on infrastructure and technology
- Make your service offerings better with high quality deliverables and decrease the lead time it takes for your product to reach the marketplace.
limitations:
- Outsourcing companies sometimes need to be privy to confidential company information such as payroll, personal employee information and computer business processes.
- Your company's standards for quality control may differ from that of your outsource subcontractor.
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