Outsourcing (HSC SSCE Business Studies): Flashcards
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Outsourcing definition
Outsourcing definition
Hiring external specialists for business functions
Another term for outsourcing
Another term for outsourcing
Contracting out
Top 2 outsourcing reasons (% each)
Top 2 outsourcing reasons (% each)
Reduce costs 36%, focus on core business 36%
3 primary aims of outsourcing
3 primary aims of outsourcing
Access skills, reduce labour costs, improve efficiency
Global subcontracting (alternative name)
Global subcontracting (alternative name)
Offshore outsourcing
Disruptive outsourcing uses
Disruptive outsourcing uses
Robotics, automation, cloud computing
Higher risk outsourcing type
Higher risk outsourcing type
Project outsourcing (strategic & complex)
Independent contractors in Australia (number)
Independent contractors in Australia (number)
1.1 million
Telstra local staff hired during COVID-19
Telstra local staff hired during COVID-19
3500 Australian staff
Outsourcing success requires functions be
Outsourcing success requires functions be
Clearly identified, measured & managed