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Key reasons organisations outsource

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Explain four key reasons that may cause organisations to outsource some of their business processes. 

Key reasons organisations outsource some of their business processes

  • Reduce or control costs (labour cost)
  • Free up internal resources 
  • Gain access to world-class capabilities
  • Increase the revenue potential of organization
  • Reduce time to market
  • Increase process efficiencies
  • Focus on core activities
  • Compensate for a lack of specific capabilities or skills

Have to choose 4 out of this list to explain the answer

Reference no: EM133039498

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