In: Finance
All of the following are pros of outsourcing except which of the following?
Group of answer choices
Creates booking leverage
Reduces stress, time, and budget implications
Short-term cost cutting could lead to long-term damage
Facility staff focuses on core competencies leading to professional growth
The correct answer is Short-term cost cutting could lead to long-term damage
The Outsourcing refers to Hiring of third party to perform the task of the company in which they are not specialised at, So, The pros of the outsourcing are that the company can reduces the stress, time and focus on core competencies. Also, it gives leverage to the company to hire any third party according to their specialities.
The Option Short-term cost cutting could lead to long-term damage is the Cons of the outsourcing.