What is outsourcing

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You are employed as the Operations Manager in a large international manufacturing company. There is a lot of competition in the industry in which this company operates. You are asked to develop a 3 year Operations Strategy that will increase market share, improve efficiency and raise profitability.

Identify and describe 5 key elements or activities that you would consider in developing this Strategy?

What is outsourcing? Briefly discuss:

a) When would be a good time to consider outsourcing and

b) The advantages and disadvantages of outsourcing

Reference no: EM132395711

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