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What are the pros and cons of outsourcing?


With the number of companies that are closing their doors and shedding staff after outsourcing their manufacturing and other processes overseas I would like to know peoples views regarding the good and bad points of offshoring; just what are the pros and cons of outsourcing? Many companies in the west have used outsourcing to overseas companies in countries such as china and India but is this really the best way to boost profits and become more profitable?

 

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