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प्रश्न
Justify the following statement.
Outsourcing is important.
उत्तर
- Outsourcing is a process of contracting business function or specific business activity to specialized agency.
- A firm mostly outsources non-core areas such as sanitation, security, household pantry etc. The outsourcing enables a firm to focus on its core areas.
- The outsourcing also leads to reduction of cost and ensures availability of expertise.
- The various advantages associated with outsourcing are as follows:
- Overall cost advantages
- Stimulates entrepreneurship, employment and exports
- Low manpower cost
- Access to professional, expert and high-quality services
- Emphasis on core process rather than the supporting ones
- Reduced investment requirements
- Increased efficiency and productivity
- Sharing of knowledge
Hence, outsourcing is important.
संबंधित प्रश्न
The process of contracting a business function to someone else is called as ____________.
With the help of outsourcing, the company cannot focus on the core areas.
Answer in one sentence.
What is outsourcing?
Explain the following term/concept.
Outsourcing
What is outsourcing?
What are the advantages of outsourcing?
Illustrate outsourcing with suitable examples.
Choose the Correct Answer.
A company under outsourcing transfers activities which are ______
Choose the Correct Answer.
Outsourcing job is given to developing countries specifically for ______
Choose the Correct Answer.
Outsourcing is carried out for the benefit of ______
Define outsourcing.
What is the need for outsourcing?
Describe the benefits of Outsourcing.
The process of contracting a business function to specialized agencies is known as outsourcing.
