Difference between revisions of "Insourcing"
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According to [[Cost Accounting by Horngren, Datar, Rajan (14th edition)]], | According to [[Cost Accounting by Horngren, Datar, Rajan (14th edition)]], | ||
:[[Insourcing]]. Process of producing goods or providing services within the organization rather than purchasing those same goods or services from outside vendors. | :[[Insourcing]]. Process of producing goods or providing services within the organization rather than purchasing those same goods or services from outside vendors. | ||
| + | According to the [[HRBoK Guide]], | ||
| + | :[[Insourcing]]. Assigning a job or function within a company. Assigning a job to an internal department instead of to an outside organization; opposite of outsourcing. | ||
| − | [[Category: Accounting]][[Category:Articles]] | + | |
| + | [[Category: Accounting]][[Category:Articles]][[Category: Management]] | ||
Latest revision as of 19:13, 20 July 2020
Insourcing is a process of producing goods or providing services within the organization rather than purchasing those same goods or services from outside vendors.
Definitions
According to Cost Accounting by Horngren, Datar, Rajan (14th edition),
- Insourcing. Process of producing goods or providing services within the organization rather than purchasing those same goods or services from outside vendors.
According to the HRBoK Guide,
- Insourcing. Assigning a job or function within a company. Assigning a job to an internal department instead of to an outside organization; opposite of outsourcing.
