generic · CBSE Class 11 English medium · BUSINESS STUDIES · Page 26example

for excellence, it is necessary not only

Chapter 5: EMERGING MODES OF BUSINESS · BUSINESS STUDIES · EN medium

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for excellence, it is necessary not only on, but also what you would like others to do for you. profitability is cost reduction. Division of labour and specialisation, besides improving quality, reduces cost too. partners as they deliver the same service to a number of organisations. (ITES) because of large scale availability of required manpower at lower costs. those activities for you. Even if you may you but also by virtue of a share in the profit from the overall business they do. explain the reasons why the firms today are outsourcing not only their routine, strategic and core processes as Research and Development.

📖 Business 5 (1) · Page 26

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for excellence, it is necessary not only on, but also what you would like others to do for you. profitability is cost reduction. Division of labour and specialisation, besides improving quality, reduces cost too. partners as they deliver the same service to a number of organisations.

(ITES) because of large scale availability of required manpower at lower costs. those activities for you. Even if you may you but also by virtue of a share in the profit from the overall business they do. explain the reasons why the firms today are outsourcing not only their routine, strategic and core processes as Research and Development.

Outsourcing, more so offshore out- sourcing, stimulates entrepreneurship, countries (i.e., the countries from where outsourcing is done). In India in the IT outsourcing in software development and IT-enabled services are concerned. $ billion ( billion = Rs. crores) global outsourcing share in the informatics sector.

It will not be out of place to be aware of some of the concerns that outsourcing is besieged with. example, passes it on to competitors, it outsources its processes. If outsourcing involves complete processes/products, there is a further risk of the outsourcing

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