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Outsourcing Business Functions
Outsourcing has already existed long before, but the word `outsourcing' wasn't used until the 80's. This is the process of hiring the services of another company for certain areas of business. There are different branches of outsourcing, such as Business Process Outsourcing (BPO) which deals with payroll, Information Technology Outsourcing (ITO) or IT-Enabled Services (ITES) which [...]