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Instructions
In two or three pages, answer the following. Should Lars outsource R&D?
Answer
OutsourcingOutsourcing has raised considerable debate in the world of business on whether to give it a deliberation or not over many years. When a company strategically outsources and emphasis on the firms core competencies, it gives managers a platform to influence their organizational skills and resources and maintain a competitive advantage over other companies. However, in order to outsource successfully, managers should do an investigation to determine the core competencies and the activities that are externally performed better. In accordance, to gaining such awareness, the organization is able to assess the proportional costs and risks that are most likely to be incurred in the outsourcing process. It additionally, offers an extensive understanding of the contemporary way of compre...
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