Which of the following is considered a sourcing model?

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Insourcing is considered a sourcing model because it involves bringing services or functions in-house that were previously handled outside the organization. By utilizing internal resources and personnel, a company can maintain greater control over processes, enhance accountability, and foster more direct communication. This model allows organizations to fully leverage their existing talent and capabilities, often leading to improved efficiency and a deeper understanding of the business.

In contrast, consulting and joint ventures typically involve external partnerships or advisors, which do not align with the concept of sourcing internally. Employee leasing, while it can provide staffing solutions, usually involves hiring from an external source rather than leveraging the company’s internal workforce, making it a different type of employment arrangement rather than a true sourcing model.

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