Outsourcing: Business Value and Activities

The video discusses the concept of outsourcing, highlighting its benefits such as cost savings and efficiency. It explains the difference between outsourcing and subcontracting, and how businesses decide whether to outsource based on size and resources. The video also distinguishes between outsourcing and offshoring, and outlines the advantages and disadvantages of outsourcing, including increased flexibility and potential loss of control.

What new insight or understanding did you gain from this video?

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