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Function-Based Outsourcing Types Function-based outsourcing categorizes services based on the specific business functions they support. Let's delve into the three primary types: Business Process Outsourcing (BPO) Business Process Outsourcing involves contracting non-core business activities to externalserviceproviders.
Outsourced software development involves engaging externalserviceproviders in different geographical regions for software creation tasks. Forrester's 2023 research revealed that 41% of firms cited “loss of control over intellectual property” as a top concern when considering software development outsourcing.
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