Outsourcing and Procurement

Outsourcing and Procurement

After watching the video below, write a summary discussing at least three concepts presented in or that you learned from the video.

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Outsourcing and Procurement

Based on the increased levels of international trade and ease of international transport and communication, outsourcing has evolved to become a primary procurement concept, whose understanding could help increase the ease with which businesses make decisions related to purchase and production of various products.

(359 words)