Outsourcing

Outsourcing is the hiring of a third party to provide certain services, to allow a company to focus on the key aspects of its business. Companies hire third parties to perform and manage operations or to provide services. The use of third parties brings advantages in the form of professional approach, and the reduction of production and equipment costs. In addition, it makes the company more competitive. A possible disadvantage of outsourcing services may be costs, which may end up being higher than initially expected. Another disadvantage is the loss of control over the external resource, which can affect the company´s business.

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