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Accounting Profession Technology

reparation of payrolls and inhouse maintenance of inventories.

The consideration of outsourcing as a strategic alternative with respect to the information management function of a firm depends on a variety of factors, including the capacity of a firm to support a major inhouse information management function, the financial position of the company, the character of a firm's information management needs, and the significance to a firm of technological innovation in information management. A qualitative consideration in the decision on an outsourcing strategy is the extent to which a firm is willing to become dependent on outside suppliers of information technology and management. Dependency on outside suppliers of information technology and management might either improve or harm the smooth flow of information technology acquisition by a firm, or the consistency and timeliness of information management support required by a firm.

A second qualitative factor that must be considered in a decisio

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Accounting Profession Technology. (1969, December 31). In LotsofEssays.com. Retrieved 15:46, May 18, 2024, from https://www.lotsofessays.com/viewpaper/1700179.html