For example, some of the recognised benefits of outsourcing include: There are many reasons why a business may choose to outsource a particular task, job or a process. You should consider carefully the pros and cons of outsourcing before deciding to contract out any activities or business operations. On the other hand, loss of control over the outsourced function is often a potential business risk. The benefits of outsourcing can be substantial - from cost savings and efficiency gains to greater competitive advantage. Outsourcing is a common practice of contracting out business functions and processes to third-party providers.
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