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Out of options: is outsourcing the answer? Can companies outsource without shifting their whole future abroad?(the pros and cons)

Contract Management

| January 01, 2005 | Taillon, Gregory | COPYRIGHT 2003 National Contract Management Association. (Hide copyright information)Copyright

Outsourcing has become a major player in the business game. And, despite the anti-outsourcing rhetoric, businesses must remain profitable in today's highly competitive global economic environment.

Why do companies outsource?

(1) Outsourcing is an economic savior for many corporations.

(2) Corporate policy and boardroom debate support outsourcing.

(3) Students overseas are highly skilled and technologically literate.

Those firms that expand their line-ups into other countries are reaping rewards and meeting bottom-line goals. Outsourcing allows U.S. companies to streamline and remain profitable. But the questions remain: Can companies outsource without shifting their whole future abroad? Is outsourcing a viable option for your organization? Consider the different sides of the debate.

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The Debate

CNN's Lou Dobbs identified more than 300 U.S. corporations that outsource to remain profitable in today's global economies. Perhaps you work for a company that outsources. Even if you don't, you can bet that …

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