MODERN APPROACHES TO OUTSOURCING IN NEW ECONOMY
Outsourcing is an arrangement in which one company provides services for another company. The term is a trend that is becoming more common in information technology and other industries for services that have usually been regarded as intrinsic to managing a business. In some cases, the entire information management of a company is outsourced, including planning and business analysis as well as the installation, management and servicing of the network and workstations. Although the main objective of outsourcing is often cost reduction, many companies fail to realize any cost benefits. Therefore, there is a wealth of tools available for the organizations looking to outsource business processes.
Keywords: outsourcing; outsourcing management; Business Process Outsourcing; tactical outsourcing; strategic outsourcing; outsourcing benefits.
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