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Outsourcing entails transferring or sharing management control, decision making of a business function to an outside supplier, as well as, a two way information exchange, coordination and trust between the outsourcer and its client building on strong business relationships and partnerships. Some of the segments frequently outsourced involve: technology, human resources, facilities and real estate management, and accounting. (Wikipedia. 2007).
Thus, from the beginnings, the outsourcing transformed the industry of the world by becoming an accepted management tool redefining and re-energizing the corporations...
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Common topics in this essay:
- Outsourcing: Staying Competitive in the Global Market
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