Ways of re-organizing production (nationally & internationally)

IB Business Management: Ways of re-organizing production (nationally & internationally)

This section of the IB Business Management syllabus examines the various ways of re-organizing production, both nationally and internationally (AO3), namely outsourcing, offshoring and insourcing.Outsourcing is the use of third-party subcontractors for carrying out non-core activities of an organization in order to improve operational efficiency and reduce production costs.Outsourced activities are those judged to be...

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