Question

Risks to a company that can result from outsourcing include: Question 3 options: Customers demanding higher quality and better service Loss of control over a product or process Increasing technological capabilities Lower costs A and B

Answer 1

Loss of control over a product or process

Step-by-step explanation:

Outsourcing is when third parties are employed to carry out some of the functions of an organisation. For example, an organisation may outsource its customer service agent job to third parties

Advantages of outsourcing

• increased efficiency
• lower cost as the firm would invest less in infrastructure

Disadvantages of outsourcing

• Loss of control over a product or process
• outsourced agents may lack adequate information on the business