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Instructions
As a manager of an organization, you will often need to find ways to cut costs. One way to cut costs is to outsource by hiring another organization to perform the service. Consider the scenario below.
Question 1: Define what is meant by outsourcing.
Question 2: Explain how Peter Drucker's statement about how one company's back room is another company's front room pertains to outsourcing. Use an example.
Question 3: Summarize the management advantages, cost reduction, and risk reduction of outsourcing.
Question 4: Summarize the outsourcing risks concerning control, long-term costs, and exit strategy.
Question 5: Discuss which company you would outsource to and why. Does distance matter?
Provide an overall financial analysis for every company
airborne manufacturing co. completed the following transactions during 2012.jan
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