This is the first 1,000 characters of 377 words (1.51 pages) in the essay titled Outsourcing
Outsourcing can be defined as a contract service agreement in which an organization hires out all or part of its company responsibilities to an external company.
More and more companies are leaning towards outsourcing it could be said that this may be caused by the growing complexity of Companies and the changing business needs of an organization. As a result, an organization may find that it is not possible to have all its company services supplied from within its own company. Given this, a Company may decide to choose to seek assistance from an external contractor/company to supply their services the organization lacks. In addition, the business competition has set the pace for an organization to continue to strive for internal efficiency. It also needs to look for a way to transfer non-core activities or "in house" services and support activities to external specialist organizations who can deliver quality services at a lower cost...
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