What do you meant by the term outsourcing, Business Economics

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Problem:

(a) What do you meant by the term "Outsourcing"?

(b) Outsourcing services will be categorized into two groups namely Technology Services and Business Processes. Show three services outsourced under each category.

(c) Describe the different modes of Outsourcing?

(d) Describe one advantage and disadvantage of Outsourcing.


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