In today’s dawdling economy, companies are looking at ways to increase revenue and reduce costs without compromising the quality of their products and services. More and more businesses are forced to scale down and are now exploring Outsourcing as an option.
Various industries have outsourced talents offshore at minimum costs. Many business people today grab hold of the advantages of technology to generate huge profit. From BPO, KPO to SEO services, low income economies such as China and India provide less production costs by half but are also the centers of media buzz as the quality of their results are put into question.
In a blog post ‘Outsourcing – a Game with a Set of Rules’, Taskus.com, a Premium Virtual Assistant company, explores the advantages and disadvantages of outsourcing. The classic examples of outsourcing gone bad (deal between the U.S. Navy and global services provider) and India’s competitive edge in technology-driven industries, provide deeper insight for employers and employees alike.
Is Outsourcing the answer your business is looking for? Find out here.