Free

Specifics of Outsourcing - Assignment Example

Add to wishlist

Summary

The paper "Specifics of Outsourcing" portrays contracting a business process to another party. It includes both foreign and domestic contracting and sometimes also include offshoring. A company may outsource from either another company within the same nation or outsource from a foreign company…

Download full paper File format: .doc, available for editing

GRAB THE BEST PAPER94.3% of users find it useful

Read Text Preview

Subject: Business
Type: Assignment
Level: High School
Pages: 1 (250 words)
Downloads: 2
Author: corrine00

Extract of sample "Specifics of Outsourcing"

In the recent developments in technology, firms may outsource so as to ensure the presence of an individual with technological expertise within its workforce. This can result in promoting technological spillover effects thus increasing the output of the workforce.

The need for quality improvement can call for outsourcing. This happens when companies seek to bring onboard experts who are already performing in other organizations. If an organization does all of its work itself, its work may consume too much time and finances. Quality improvement arises as a result of using different expertise from an external workforce (entrepreneur.com). This mostly features in management consulting where the management consultants advise the company on strategies of increasing its efficiency and product quality.

Cite this document

APA
MLA
CHICAGO

(“Some argue that outsourcing should not be followed because it export Assignment”, n.d.)
Some argue that outsourcing should not be followed because it export Assignment. Retrieved from https://studentshare.org/business/1697635-some-argue-that-outsourcing-should-not-be-followed-because-it-export-jobs-overseas-under-what-circumstances-outsourcing-should-be-followed-if-any

(Some Argue That Outsourcing Should Not Be Followed Because It Export Assignment)
Some Argue That Outsourcing Should Not Be Followed Because It Export Assignment. https://studentshare.org/business/1697635-some-argue-that-outsourcing-should-not-be-followed-because-it-export-jobs-overseas-under-what-circumstances-outsourcing-should-be-followed-if-any.

“Some Argue That Outsourcing Should Not Be Followed Because It Export Assignment”, n.d. https://studentshare.org/business/1697635-some-argue-that-outsourcing-should-not-be-followed-because-it-export-jobs-overseas-under-what-circumstances-outsourcing-should-be-followed-if-any.

Cited: 0 times

CHECK THESE SAMPLES OF Specifics of Outsourcing

Pharmaceutical Outsourcing Market

Figure 2 The Growth of outsourcing Share The pharmaceutical industry in the United States has been increasingly utilizing outsourcing as a primary R&D strategy of late.... The paper "Pharmaceutical outsourcing Market" claims that outsourcing remains a solid force of drug development and pharmaceutical industry growth.... By definition, the term 'outsourcing' means farming out certain work to outside sources that will perform it under contract....

8 Pages (2000 words) Research Paper

The benefits and drawbacks of finance and accounting outsourcing

Further on, it provides discussion as well as description related to the pros and cons of outsourcing, Keywords: Outsourcing, pros & cons Outsourcing Introduction It seems to be the trend for small and medium sized companies or business that they outsource that they outsource specific niche activities of their business like tax planning, legal assistance and financial portfolio.... In the present business or corporate world competition has increased thus the managements are more inclined in utilizing their time for the business and competitive strategies thus they find outsourcing a feasible option however before making any such decision both the pros and cons of outsourcing core business activities like accounting/finance must be analyzed and then it should be decided whether to keep them in-house or outsource....

4 Pages (1000 words) Research Paper

Outsourcing Information System Functions

It analyses the various economic, operational and social implication of outsourcing.... Though the process of outsourcing is often considered as a noncore business process it may range from low-grade high volume and repetitive mechanical processes to a more sophisticated and high-tech development outsourcing.... The emerging pervasive nature of the Internet has effectively helped the communication between different parties involved in the outsourcing process and has been the major facilitator of outsourcing in recent years....

5 Pages (1250 words) Case Study

The Outsourcing of Information Services

In the following pаper, I will be exаmining the аdvаntаges аnd disаdvаntаges of outsourcing jobs from the view of the benefit to the orgаnizаtion.... Аccording to current literаture, outsourcing is а trend thаt will continue.... outsourcing jobs though hаving mаny cons in it generаlly bring а positive feedbаck for аn orgаnizаtion thаt wishes to expаnd аnd grow.... There аre mаny benefits to outsourcing, including freeing up mаnаgement resources, shаring costs, creаting integrаted networks, building new orgаnizаtion structures, trаining stаff, аnd interfаcing with other informаtion systems....

6 Pages (1500 words) Essay

Outsourcing and its Advantages and Disadvantages: the case of Marks and Spencer

This essay focuses on advantages and disadvantages of outsourcing which one of the most significant corporate strategies for modern multinational companies.... In this context, business process outsourcing has its roots in operational deals from a decade ago, but its looming large in the collective consciousness of the business world today and becoming, if not popular in any statistically confirmed sense, then certainly a popular consideration (Bielski, 2004, 43) It should also be noticed that the demand for outsourcing is growing in Europe....

7 Pages (1750 words) Essay

The Risks Associated with Outsourcing

Thus, even though the benefits of outsourcing offer temptations to the client organization, the risks to have to be considered before signing the contract.... This essay analyzes outsourcing, that refers to the relocation of jobs and services irrespective of the provider's location and happens when a firm contract a business function with an outside supplier.... From this paper, it is clear that outsourcing as a cost-effective strategy has shown positive results but significant risks have to be recognized and managed....

4 Pages (1000 words) Essay

Outsourcing Jobs to Foreign Countries

This research article explains the phenomenon of outsourcing, why it has become an increasingly profitable economic activity for global corporations, what conditions allow for a country to be a destination for outsourcing, and the current debates on the effects of outsourcing.... This paper 'outsourcing Jobs to Foreign Countries" focuses on the fact that globalization is the buzzword of our generation.... The globalized economy necessarily allowed the emergence of a new form of economic activity that focuses on labour itself as a commodity – outsourcing....

10 Pages (2500 words) Case Study

Information Technology Outsourcing in Business Management

In information technology outsourcing, it is also important for a person to understand some of the factors associated with outsourcing and different types of outsourcing.... Furthermore, understanding the success of the different types of outsourcing and the activities that can be successfully outsourced is vital.... The author of this paper "Information Technology outsourcing in Business Management" discusses the challenges faced by information technology outsourcing in business, the main benefits of IT outsourcing, the different types of IT outsourcing, activities that can be successfully outsourced....

17 Pages (4250 words) Coursework