Competitive AdvantageCreating a competitive advantage in the market is critical to differentiating and building a successful company. Thus, a key element to consider when considering outsourcing is what impact will outsourcing have on your competitive advantage in the marketplace? Should they build their own online store and fulfillment system or outsource to a company that specializes in online sales? Alternatively, the competitive advantage could have been the case of Procter & Gamble. A few of the more common risks are: financial risk, competency risk, and competitive risk.

Source: Forbes February 28, 2019 21:11 UTC