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discuss the advantages and disadvantages of outsourcing a grants management office

discuss the advantages and disadvantages of outsourcing a grants management office

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Advantages of outsourcing
1) Increases efficiency- Outsourcing helps in increasing efficiency as the outsourcing company helps in completing the work in an efficient manner and with greater quality.

2) Helps in reducing cost- Outsourcing helps in reducing the cost as the work is dependent on the outsourcing company.

3) Attention to business activities- Outsourcing helps in focusing on the strengths and the main tasks of the business activities.

Disadvantages of outsourcing
1) Time consuming- Outsourcing is a time consuming task as service delivery is late.
2) Security- The company security is at risk.
3) Instability- As outsourcing company can go out of the business.

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