CONTEMPORARY ISSUES IN OUTSORCING2The prevailing competition across the domain have forced multiple venture capitalists todeploy various measures that would increase production within their firms. One typical measuresembraced by both blue-chip and developing firms is centered on outsourcing. As a projectmanagement tool, outsourcing has gained a substantive recognition across all sectors. Despite thevarious definitions illuminated by multiple stakeholders in the commerce sector, it’s evident thatoutsourcing stresses on an organization decision to hire third parties who are competent enoughto perform services or produce commodities that are performed in the firm. Multiple personnelacross all sectors of the economy seem to be interested in outsourcing as they perfectlyunderstand the significance of the strategy. Typical individuals interested in outsourcing includebut are not limited to firm operating in marketing, accounting, supply chain management,information technology, customers support service as well as research-based firms. The move to
