Advantages and Disadvantages of Outsourcing
Creators
- 1. M.Com., M.Phil., PG & Research Department of Commerce Dr.Ambedkar Government Arts College, Vyasarpadi
Description
Outsourcing has both advantages and disadvantages. This research was a prospect to investigate and disadvantages of endorse outsourcing business and economics. As a consequence of using selective sampling technique, the samples of this study were 20 managers and director in the selected 20 small and medium enterprises in different types of industries of Chennai that have for applying outsourcing system. The findings exposed that the majority of the respondents agreed that the advantaged included know-how, the potential and time to deliberate process, risk- sharing, and cost reduction such as recruitment costs and operating costs. The disadvantage of using outsourcing included the risk of exposing not to be mention data and technology, wrong partners, lack of customer focal point, and many hidden costs.
Files
7-9.pdf
Files
(213.4 kB)
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