Global businesses are characterized by complexity and dynamism due to extensive dispersion of markets. This has made the companies to prioritize effective coordination of activities and processes within and among organizations. Outsourcing is a critical strategic decision that enables organizations to develop competitive advantages required in the modern business arena. Business corporations are actively making their organizations more flexible and their value chains more elastic (Gottfredson, Puryear & Phillips, 2005). Laterally integrated business models are rapidly increasing, which implies that outsourcing is evolving into a strategic process for fine-tuning the value chain. Outsourcing promises several advantages to the business; however, organizations must ...
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