1. Outsourcing American Businesses
Contracting the manufacturing process with an experienced partner can speed up the production of new items, while leaving the business with cash to invest in marketing. In addition, businesses can contract with a firm that has expertise in the manufacturing process. ... Outsourcing the manufacturing process also enables businesses to take full advantage of the economies of scale. ... Moreover, Moving information technology positions abroad carries an added security risk, important data and intellectual property becomes available to more people outside the company. ... The problems inclu...
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- Approx Pages: 2
- Grade Level: Undergraduate