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This video explains why businesses may decide to outsource some of their business processes.
Outsourcing involves delegating one or more business processes to an external provider, who then owns, manages and administers the selected processes to an agreed standard.
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VIDEO CHAPTERS
0:00 Introduction
0:05 What is Outsourcing?
1:07 Outsourcing is about a business making a choice
1:17 Benefits of Outsourcing
2:07 Drawbacks of Outsourcing
2:41 Be Careful: Don't Confused Outsourcing with Offshoring?