Explain the distinction between outsourcing and offshoring.

Provide critical assessment based on 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.