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Published byBritton Barton Modified over 9 years ago
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'It Says Press Any Key. Where's the Any Key?' Chris Corrado Josh Casto Eric Baird Josh Bohnenkamp
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Outsourcing A practice used by different companies to reduce costs by transferring portions of work to outside suppliers rather than completing it internally.
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Who Outsources? All-State Insurance American Express IBM Best Buy MicrosoftMotorola
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Reasons for Outsourcing Cheaper labor Willing labor force Dedicated labor Availability of Real estate
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Reasons People are Willing to Work Need of money Stable source of income Opportunity for advancement Informal work atmosphere Education opportunities Medical Benefits
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What Employees Deal With Long hours Angry clients Little to no recognition
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High Attritions Rates Attrition – loss of personnel. Boredom Long hours Physical toll Emotional toll Isolation from social circles
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Conclusion Outsourcing has positive and negative consequences on our economy.
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