Question added by
mercy kebu
, Stores Assistant , Nairobi City Water and Sewerage company,Kelvins Creation,Umbrella School of Professional Studies
Date Posted: 2015/04/11
by
Vinod Jetley , Assistant General Manager , State Bank of India
The contracting or subcontracting of noncore activities to free up cash, personnel, time, and facilities for activities in which a company holds competitive advantage. Companies having strengths in other areas may contract out data processing, legal, manufacturing, marketing, payroll accounting, or other aspects of their businesses to concentrate on what they do best and thus reduce average
