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Answer Briefly the Following Questions: What is Meant by Outsourcing ? - Commerce

Short Note

Answer briefly the following questions:

What is meant by outsourcing?

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Solution

(a) Outsourcing is cost-effective for a firm.
(b) Outsourcing can promote efficiency. It can be a good option when the functions of an office are complicated.
(c) Outsourcing offers staffing flexibility. 

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