What is it about?
A management institution has to decide whether to outsource security- this note is an analysis of the cases that deal with the decision.
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Why is it important?
The notion of market failure is a crux of the decision. This intuitive idea topped with some conceptual points can be of help in many such decisions of outsourcing.
Perspectives
Vertical integration is one way of scope expansion. When and when not to integrate is an important issue. Similarly, another important question relates to activities which should be conducted in the framework of the market as opposed to conducting within the boundaries of the firm. This analysis draws on some of these points in the course of an analysis of the related cases.
Vasant Sivaraman
S P Jain Institute of Management and Research
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This page is a summary of: Security Management at the National Institute of Management: To Outsource or Insource? Cases (A) and (B), Vikalpa The Journal for Decision Makers, June 2019, SAGE Publications,
DOI: 10.1177/0256090919854813.
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