Outsourcing


 
 
Concept Explanation
 

Outsourcing

Outsourcing : Outsourcing is an arrangement in which one company provides services for another company that could also be provided with in-house services. Outsourcing sometimes involves transferring employees and assets from one firm to another, but not always.

Outsourcing can offer greater budget flexibility and control. Outsourcing lets organisations pay for only the services they need, when they need them. It also reduces the need to hire and train specialised staff, brings in fresh engineering expertise and reduces capital and operating expenses.

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Sample Questions
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Question : 1

There are _______ main types of location-based IT outsourcing.

Right Option : C
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Explanation
Question : 2

Which of the following is an advantage of IT Outsourcing?

(i) IT outsourcing can help organizations save on salaries

(ii) This can give you peace of mind that your data is safe and secure.

(iii) You may have to deal with hidden costs with IT outsourcing

Right Option : B
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Explanation
 
 


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