Outsourcing can help firms reduce costs and focus their efforts on those business functions that are central to their competitive advantage.

Question

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Outsourcing allows companies to delegate non-core business functions to external service providers who can often perform the work more efficiently and at a lower cost. This frees up internal resources and allows companies to focus on their core competencies, which are typically the areas where they have a competitive advantage.

Outsourcing Can Help Firms Reduce Costs and Focus Their Efforts