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Q: What do the terms stakeholders outsourcing and insourcing mean?
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What is business process insourcing?

Insourcing is a recent concept that has been advocated as an alternative to outsourcing. Supporters believe that it will lead to better management control and job creation at the local level. Insourcing is also seen as a solution to the problems of control and hidden costs with outsourcing. Insourcing seems to be more prevalent with manufacturing companies that hire labor and services from an external organization in order to cut costs and decrease their tax burden. Insourcing can also mean an organization building a new business center or facility which would specialize in a particular service or product. Insourcing also seems to be popular among those companies who have been dissatisfied or even unsuccessful with outsourcing. It is also employed when temporary workers fill positions within an organization for a short duration.


What does it mean when a company is insourcing?

Insourcing means hiring a person internally for a position instead of posting outside the company. Its typically more cost effective to hire within the company than to hire outside.


What does human resource outsourcing mean?

Human resource outsourcing refers to the process of giving the human resource responsibilities to an outside party that specializes in human resourcing.


What does 'outsourcing' mean?

Outsourcing basically means: the hiring of outside, independent workers to do some part of a company's job.


What is the mean of outsourcing?

Outsourcers are the ones who hire or purchase services from an outside supplier.


What does i.t.o mean?

I.T.O it´s an acromyn that means Information Technology Outsourcing


What does it mean when it asks what are the impact of outsourcing?

it means that people in Pen Island are taking our jobs


In your opinion what does it outsourcing mean?

Outsourcing means getting work done from outside sources. This means outside of the business you are particulary working in. It means hiring someone to do business for your specific business.


Who were the stakeholders in the enron case?

did you mean share holders, there were thousands including all their staff and multiple investors. The stakeholders are the ones that are significantly affected by the company. Shareholders, employees, the Houston, Tx area, customers, and partners name a large portion of the stakeholders.


Does outsourcing your business process to external comanies always mean outsourcing the actual manufacturing of products or provision of services?

I work for a service company that outsources a lot of work to India. The representatives in India will take phone calls from customers, process claims or other functions, or just about anything. Outsourcing service is probably a lot easier than outsourcing manufacturing. No. What "business process outsourcing" means is outsourcing the "non-core" overhead parts of a company's business, such as payroll, employee benefits, accounting, and customer service (no joke on that last one).


What does outsourcing of human resources mean?

Outsourcing of Human Resources means hiring a third party to conduct Human Resource duties. This is often done by larger companies who don't have the time to search for an HR person on their own.


What do you mean by BPO?

BPO stands for Business Process Outsourcing. It is about outsourcing the processes and tasks of business functions/processes to a service provider.BPO has two prime sub categories:Voice BasedNon-Voice Based