Outsourcing by a firm is a sign of weakness indicating that 'hollowing out' has occurred.

Name: Outsourcing by a firm is a sign of weakness indicating that 'hollowing out' has occurred.
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This view of outsourcing is now outdated. Increasingly, outsourcing is seen as offering opportunities for the outsourcer to release scarce resources which can be applied more profitably along the value chain. Hollowing out then implies a move from lower to higher value adding activities.

Outsourcing by a Firm Is a Sign of Weakness Indicating