ENTREPRENEURIAL OPERATIONS
SUPPLY CHAIN MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Select all of the advantages of outsourcing:
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Make use of specialist skills and services
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Increases capacity
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Business can be affected by poor quality
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Supplier might be more expensive
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None of the above/answers
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Explanation:
Detailed explanation-1: -Advantages of Outsourcing It reduces the cost and also saves time and efforting on training cost. Stimulates Entrepreneurship, Employment, and Exports: Outsourcing stimulates Entrepreneurship, Employment, and Exports in the country from where outsourcing is done.
Detailed explanation-2: -Advantages Of Outsourcing. You Don’t Have To Hire More Employees. Access To A Larger Talent Pool. Lower Labor Cost. Cons Of Outsourcing. Lack Of Control. Communication Issues. Problems With Quality. More items •17-Jul-2017
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