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macgeek312 macgeek312
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6 years ago
Describe outsourcing and vertical integration.
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6 years ago
Outsourcing is the practice of transferring the operations of a business function to

an outside supplier. Much outsourcing is done through offshoring, in which the outsourced function is relegated to foreign shores. Vertical integration, in which certain business functions are acquired and consolidated within a firm, is the opposite of outsourcing.
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