This blog is created by Edwin Lobo who is a student at UCD Michael Smurfit Graduate Business School in the view to share the articles, papers and in general all related contents to ITO (Information Technology Outsourcing) and BPO (Business Process Outsourcing). My learning in "Managing Global Sourcing" module which is lead by Allen Higgins during my studying of Msc. in iBusiness (Innovation through ICT) will be posted on this blog.
Tuesday, February 10, 2015
Outsourcing Definition:
A practice used by different companies to reduce costs by transferring part of the work to outside suppliers rather than completing it internally.
How about developing your definition again in light of the discussion in class. Try to distinguish between outsourcing and market place transactions.
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