Main Article Content

Abstract

Outsourcing has become the latest mantra for companies to stay ahead of competitors in this highly competitive environment. Outsourcing is the business practices of hiring a party outside a company to perform services and create goods that traditionally were performed by company’s own employees and staff. It is practice usually undertaken by companies as a cost-cutting measure. Generally companies outsource functions that are non-core to their business. This paper aims to analyze the concept of outsourcing, types of outsourcing and merits and demerits of outsourcing. Data for this investigation collected from secondary sources like Journal, Internet.

Article Details