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The importance of outsourcing

What is the importance of outsourcing in today's world?

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Outsourcing has grown in importance today because economic and competitive pressures have made it imperative for organizations of all sizes to focus on their core competencies and turn to third-parties to assume responsibility for other secondary corporate functions. Leveraging third-party alternatives can reduce costs and improve operating efficiencies.

This was first published in February 2005

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