Outsourcing:Group of answer choicesis a low risk initiative because the firm can always revert back to performing the function in$-$house.decisions are based on cost$-$benefit analysis.occurs primarily in large manufacturing firms in the private sector, but is rarely practiced in public purchasing.may reduce operating costs, improve focus on core competencies, and gain access to world$-$class capabilities.usually results in increased hiring to attain expertise that the organization does not already possess.