Outsourcing
- Define what is meant by outsourcing.
- Explain how Peter Drucker's statement (covered in the textbook in uCertify) about how one company's back room is another company's front room pertains to outsourcing. Use an example.
- Summarize the management advantages, cost reduction, and risk reduction of outsourcing.
- Summarize the outsourcing risks concerning control, long-term costs, and exit strategy.
- Discuss which company you would outsource to and why. Does distance matter?