Talk:WinterMilestone 1 @Alipta
The History of Outsourcing
It is important to dig out the history while moving forward on a path, the study will certainly bring up some valuable insights which may drive us to take decisions in the future.
We all know outsourcing started with IT business, it took off in the 90s when companies started focusing on cost saving measures. The outsourcing business started on the following grounds
Can also be called as Advantages
-Lack of specialized team to perform certain task meaning no internal competency -Avail Cost benefits in the form of cheap labor
-Accept what the vendor provides you, is there a way to validate if the deliverables maintain certain predefined standards or passed quality check. The answer is no.
Crowd sourcing is fairly a new concept but it existed