Discuss Advantages Outsourcing Globalization Made Outsourcing Attractive Ever Certain Act Q34213873

Discuss the advantages of outsourcing and how globalization hasmade outsourcing more attractive than ever before. Are therecertain activities that should always be conducted in house?

Expert Answer

Advantages of outsourcing are as follows

• It reduces cost to the company by outsourcing some operationalactivities to other parties.
• It helps the organization in judicious use of its fund andcapital
• It helps rationalization of cost hence profitability can beincreased.
• It helps in creating job in developing and underdevelopedcountries by outsourcing some activities which a massive socialhelp for the organization.
• It helps the organization in devoid more time in innovative andstrategy to increase the footprint in the market.

Through globalization outsourcing