Read this article about offshoring risks, challenges, and solutions, and then answer each of the following questions in 6–10 sentences. Provide critical assessment based on the above article, text readings, scholarly research, and personal experience. Cite your resources using APA format.
1. Explain the distinction between outsourcing and offshoring.
2. Using examples, describe the various stages in the purchasing process.
3. What are the most frequently reported problems in outsourcing?
4. Explain what factors would typically be considered in contingency planning in outsourcing arrangements.
Guideline: Short papers should use double spacing, 12-point Times New Roman font, and one-inch margins. Sources should be cited according to a discipline-appropriate citation method. Page-length requirements 2–4 pages (graduate courses).