Most organizations are not in business to provide information technology services, yet many have spent valuable time and resources on information technology functions when they should have instead worked on important competencies such as marketing, customer service, and new product design. Outsourcing helps tackle this problem. Which benefit does outsourcing primarily provide in such a scenario?Group of answer choicesFalseprotects strategic information from being accessible to external suppliersincreases accountability even without a written contracthelps focus on an organization’s core businessreduces fixed and recurrent costs

What is Outsourcing?By giving an outside party the responsibility to make goods for your company By producing the goods within your company

Which of the following is not typically a reason for outsourcing?Multiple ChoiceInsufficient capacity to produce internallyLess time needed to coordinate supply-related activitiesTo focus on core activities and outsource othersSuppliers have more knowledge and expertise

A financially driven reason for outsourcing is that it can reduce costs through a lower cost structure.Question 38Answera.TRUEb.FALSE

Which of the following are disadvantages of outsourcing?Loss of control over business processesIssues of turnaround timePotential loss of sensitive dataAll of the above

Outline three advantages and three disadvantages of outsourcing.