Outsourcing: Definition, Elements, Examples, Advantages, and Statistics

OUTSOURCING

 Executive Summary
 Definition of Outsourcing
 Elements which can be Outsourced
 Examples of Outsourcing
 Current Outsourcing Statistics
 Advantages of Outsourcing as Business strategy
 Recap of Argument
 References
TABLE OF CONTENTS

 The presentation threw light on analyzing the importance
of outsourcing of the different business related activities
 Furthermore, the advantages of outsourcing along with
examples have been analyzed which provided a brief
overview on the importance of the same
 Lastly, the different elements of outsourcing have been
analyzed which will be making the operations efficient
EXECUTIVE SUMMARY

 It is the business practice of hiring party which
is outside the organization as to perform the
different activities which were previously
performed traditionally in-house by the
employees of the organization (Schniederjans,
Schniederjans & Schniederjans, 2015)
 It helps in providing the different services
which are scalable, secure and efficient while
improving the overall costs along with reducing
the costs
OUTSOURCING