outsourcing

Explain what is meant by outsourcing. Explain the management advantages of outsourcing.

Already have answer but need it in 200 words in APA format if citing or reference

ANswer:

Outsourcing is the process of hiring another organization to perform a service. Its

management advantages are:

• Obtain expertise–Outsourcing can be an easy way to gain expertise. Developing expertise is often expensive, and may not be in the company’s strategic direction. The organization might choose to hire a specialist company to perform this service.

• Avoid management problems–Outsourcing helps in avoiding the management problems that arise due to hiring and allotting tasks that require specific skills.

• Free management time–Some companies choose to outsource to save management time and attention. Outsourcing saves both direct and indirect management time.

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