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What is Outsourcing Fundamentals 101 Guide about?
This document discusses different types of outsourcing strategies: 1) Onshoring involves outsourcing business processes to local contractors within the same country to allow for quick responses and reduce cultural issues, but carries risks of inadequate staff and higher attrition. 2) Nearshoring transfers business to a nearby country to benefit from variable costs and lower labor costs compared to the original location, but requires managing cultural and legal differences. 3) Offshoring involves outsou
- Author
- Midge Edine Navarro
- Language
- EN