Nobody downloaded yet

Outsourcing - Joint venture, Nearshore, back source and switch vendor - Essay Example

Comments (0) Cite this document
Summary
Like any other business setting, to succeed, outsourcing requires developing various important factors that will improve the performance of employees. These factors may include provision of incentives, awarding benefits, and setting of ideal targets that will motivate the…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER96.8% of users find it useful
Outsourcing - Joint venture, Nearshore, back source and switch vendor
Read TextPreview

Extract of sample "Outsourcing - Joint venture, Nearshore, back source and switch vendor"

Download file to see previous pages In fact, Whitten and Leidner point out that outsourcing can determine the “product quality, service quality, relationship quality and the switching costs” of a company’s products (2006). As such, outsourcing is generally an important strategy that can determine the success of an organization.
Essentially, due to the development or organizational skills and technological developments, the competition among organizations has increased significantly. To avoid losses, many companies have opted to enter in to contracts and partnerships through the act of outsourcing. Generally, to enter these contracts, there are various costs that each organization has to cater for. These costs generally arise due to the payments made in respect to offshore government policies, agreements and negotiations as well as legal aspect matters among others. Notably important, in many instances, the costs of the partnership contract will be lower in huge and established corporations such as GlobShop, and higher in smaller organizations. Generally speaking, established organizations such as GlobShop are usually offered better investment programs and incentives as compared to the less established ones.
Equally important, the monitoring and evaluation of performance in any organization helps in the acknowledgement of ambiguities that may lead to failure of the outsourcing. To ensure that an outsourcing venture is successful, organizations should consistently conduct meetings to discuss and review the set goals and targets. These meetings will also ensure that the organizations keep a consistent work towards attaining specific objectives thus enabling employees and managers to consistently keep track of their performance. Furthermore, joint venture outsourcing enables the organizations under partnership to increase returns and reduce costs significantly. However, lack of ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Outsourcing - Joint venture, Nearshore, back source and switch vendor Essay”, n.d.)
Outsourcing - Joint venture, Nearshore, back source and switch vendor Essay. Retrieved from https://studentshare.org/information-technology/1692027-outsourcing-joint-venture-nearshore-back-source-and-switch-vendor
(Outsourcing - Joint Venture, Nearshore, Back Source and Switch Vendor Essay)
Outsourcing - Joint Venture, Nearshore, Back Source and Switch Vendor Essay. https://studentshare.org/information-technology/1692027-outsourcing-joint-venture-nearshore-back-source-and-switch-vendor.
“Outsourcing - Joint Venture, Nearshore, Back Source and Switch Vendor Essay”, n.d. https://studentshare.org/information-technology/1692027-outsourcing-joint-venture-nearshore-back-source-and-switch-vendor.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Outsourcing - Joint venture, Nearshore, back source and switch vendor

International Joint Venture

...? International Joint Venture College: Introduction The highly competitive global environment has propelled organizations to look for strategies that will help them to sustain their competitive advantage through international expansion. The International Joint Venture has been considered to be the best approach in international expansion (Briscoe & Schuler 2004; Ernst & Halevy 2004). A well clarified objective of purpose will place the International Joint Venture (IJV) in a powerful position. This will result to an efficient management structure that is characterized with accountability, responsibility, employees and organization...
16 Pages(4000 words)Essay

Entrepreneurship joint venture

...? ENTREPRENEURSHIP JOINT VENTURE By Location The report delves in discussing the various financing options available to Thasta Beverage Company. Thasta is a startup company in the beverage market, which is exploring several financial options for financing the business. The various financing options that are discussed in the report include Venture capital, loans, debentures, owner’s capital, and grants. However, the report recommends Venture capital as the most viable option for the company due to its several merits discussed in the report. Contents Abstract 1 Contents 2 Introduction 3 Importance of venture and Working capital 4 Forms of business finance 4...
4 Pages(1000 words)Assignment

Associated and Joint Venture

...Associated and Joint Venture This paper investigates the viability of Associates and Joint Venture as standard financial consolidation for accounting. It assesses the relevant IAS requirement to treat this reporting aspect as well as its alternative ways of reporting such arrangements with a special reference to HK listed companies namely Honda Motor Company and Hutchison Whampoa Limited. Order#: 171446 Deadline: 2007-06-03 12:37 Style: Harvard Language Style: English UK Pages: 10 Sources: 20 Writer ID: 6746 INTRODUCTION A joint venture is an entity formed between two or more parties to undertake economic activity...
15 Pages(3750 words)Essay

Joint Venture

...1 Introduction This report identifies the advantages and disadvantages to both parties in a joint venture between Tots bots, a UK based nappy company, and a Chinese babywear company called V-Baby. It examines the profitability for such a joint venture by weighing the potential benefits to either company against the losses they are likely to incur. It studies the similarities and differences in goals between the joint venture partners, the potential of the Chinese market and its incentives, as well as the hurdles the market presents to foreign investment in the form of present laws relating to joint ventures in People's Republic of China(PRC), the cultural barriers, the influence of the bureaucracy, of labour situations and so... on. In...
12 Pages(3000 words)Assignment

Joint venture paper

...Introduction A Joint venture is considered as an effort to form an entity, jointly together by any two entities, to undertake any economic activity for lawful purposes. Forming joint ventures is therefore one of the most prominent methods of entering into new markets as it provides an opportunity to tap into the local knowledge as well as skills to make a successful entry. Legally, a joint venture is a partnership which takes place for the short period of time by more than one party for any mutually beneficial purposes. As a general rule, each party to the joint venture contribute its assets towards the...
8 Pages(2000 words)Research Paper

Project: Group Influences & Income/Class

2 Pages(500 words)Essay

Joint venture

...Joint Venture A joint venture is also known as strategic alliance. Joint venture is a kind of partnership in which two or more businesses gather at one platform to share their expertise, markets, competencies, and accordingly their profits (Gould and Joyce). There can be different forms of joint ventures. Small firms commonly get together to undertake the industrial goliaths. Similarly, large firms may develop coalition with nimbler and quicker smaller businesses. In such cases, small companies find the benefit of having association with the big names in the industry that helps expand their geographic...
1 Pages(250 words)Essay

Joint venture/partnership

...Joint Venture/Partnership By + Joint Venture/Partnership Martin Cripps, Chief Security Officer,MemaTech Security Company From: Dennis James, Manager, Syndicate Security Guard Company Date: 7th, July 2014 Re: Invitation to a joint venture/ partnership Syndicate Security Guard Company holding a license in VA and DC is seeking a joint venture/partnership with MemaTech Security Company. Syndicate Security Guard Company offers Unarmed/Armed Security Guards in VA, Unarmed/Armed Special Police Officers in DC, Special Peace/SPO/SCOP conservators in VA, and Security Guards in DC. In addition, the company performs...
2 Pages(500 words)Essay

Joint Venture

...Joint venture A joint venture is a business agreement undertaken mutually by two or more parties that otherwise maintains theiridentities. They start by the parties having an agreement or a contract that indicates their joint responsibilities, as well as goals. The contract is essential for preventing trouble later on; the parties should specify the intention of their joint venture along with its limitations. MGM Resorts International and Hakkasan Group today entered into a joint venture enterprise that deals with hotel management called MGM Hakkasan Hospitality. The strategic coalition...
1 Pages(250 words)Essay

HRM (a joint venture )

...is an integral process in human resource since it is the source of an organization’s workforce. In this case, Sainsbury is making a joint venture expand its operations to the Thailand market and thus it requires the additional workforce to fill both administrative and clerical jobs at its new outlets. In that light, it will have to conduct a thorough recruitment and selection process to ensure that it picks the most qualified candidates to fill those vacancies to ensure the operations of the company goes on effectively. It is prudent to note that Sainsbury’s joint venture is in line with its expansion plan thus it is going to globalize its operations....
17 Pages(4250 words)Coursework
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic Outsourcing - Joint venture, Nearshore, back source and switch vendor for FREE!

Contact Us