Shared services refers to the provision of a service by one part of an organization or group where that service had previously been found in more than one part of the organization or group. Thus the funding and resourcing of the service is shared and the providing department effectively becomes an internal service provider. The key is the idea of 'sharing' within an organization or group.
Read more about Shared Services: Overview, Critics of Shared Services, Commercial Structures, Location Variations, Benchmarking and Measurement, In The Private Sector, In The Public Sector, New Trends
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