Outsourcing

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Title: Outsourcing

Essay Details:

Subject: Business

Author: Joanna P

Date: January 6, 2014

Level:

Grade: A

Length: 2 / 493

Essay text:

The process of outsourcing generally encompasses four stages: 1) strategic thinking; 2) evaluation and selection; 3) contract development; and 4) outsourcing management or governance. The challenges of outsourcing become especially acute when the work is being done in a different country, since that involves language, cultural and time zone differences. 1.2 Reasons for outsourcing 1.2.1 Cost savings. The lowering overall cost of the service to the business. This will involve reducing the scope, defining quality levels, re-pricing, re-negotiation, cost re-structuring. 1.2.2 Customer pressure...

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