Outsourcing is growing at a rapid rate throughout the world because organizations view it as away to achieve strategic goals, improve customer satisfaction and provide other efficiency and effective improvements. Outsourcing assists management to focus all their intellectual resources, expertise and time on the distinctive competencies that give the organization an edge in the market. With the increasing globalization, outsourcing has become an important business approach, and a competitive advantage may be gained as products or services are produced more effectively and efficiently by outside suppliers.
Copyright: © 2018 The Author(s)
Published by Human Resource Management Academic Research Society (www.hrmars.com)
This article is published under the Creative Commons Attribution (CC BY 4.0) license. Anyone may reproduce, distribute, translate and create derivative works of this article (for both commercial and non-commercial purposes), subject to full attribution to the original publication and authors. The full terms of this license may be seen at: http://creativecommons.org/licences/by/4.0/legalcode