According to a leading research firm, 80% of American companies use outside sources to perform some function. Companies have come to understand, in the new millennium, that outsourcing is a viable way to improve their core business. Contracting out tasks that are not part of a company's core competency can free up cash for other higher return investments. Also, managers can focus on issues that are key to growing their business.
Reasons Companies Outsource
Reduce and control operating costs
Improve company focus
Resources are not available internally
Function difficult to manage
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