Category: Outsourcing

Introduction Our world is living differently than about a decade ago. Some say we are living in a global village. We mean proximity when we talk of village. So, it is just so near, or a short distance. This is the twenty-first century where everything and everyone are interconnected. Communications and transportation have never been…

Table of Contents Introduction Description: Business Processing Outsourcing-BPOs Literature Survey Research Design Data Analysis Research Findings Proposed Solutions Future Research References Introduction Outsourcing entails constricting through erstwhile establishments to carry out business dealings that are deemed “non-core” as well as “non-revenue” producing in the direction of the business dealing. Establishments utilise “outsourcing” facilities on behalf…

Outsourcing is a process whereby a third-party company is hired to do some work for an organization and work that would have otherwise been done within. It is a strategic decision that engages the management in weighing between the likely costs and loss of service or product control. Over the decade, outsourcing has increasingly become…

Outsourcing is widely practiced by a range of companies of different sizes and types, which includes trade-offs between certain inputs, such as labor, materials, and supplies. Companies can exchange capital for materials and overheads to save on costs. For instance, a manufacturing company can outsource the production to a low-labor country, while other companies hire…

Outsourcing arises when a company or organization purchases services or products from an outside supplier or a vendor, rather than performing the same tasks or work within its own facilities. The main reason why companies engage in outsourcing is to reduce capital expenditure over a business process and to allow the managerial team to have…

It is increasingly common for freelancers from abroad to take over jobs formerly occupied by individuals in the U.S., U.K., and Canada. In some cases, this situation is called “job transfer.” A sizable number of countries have become targets of “job transfer” activity, China and India among them. “Job transfers” affect different sectors of the…

Table of Contents Introduction Outsourcing Benefits Criticism Zero-sum game or win-win situation Conclusion Sources Introduction There have been many hues and cry over the phenomenon of outsourcing and the benefits and downsides of the same. The debate is primarily on the kind of effect that outsourcing has on the US economy. While the concept of…

Introduction The word ‘outsourcing’ gained popularity in the information era though the activity was undertaken by many traders and entrepreneurs from time immemorial. Though the word is used to connote different meanings generally, outsourcing literally means sub-contracting an assignment to a third party. Mainly it is between organizations that assign the work of their clients…

Introduction In this era of globalisation, outsourcing is a common business practice resorted to by different countries. The quantum of outsourcing has greatly increased in the recent years. UK and USA are the two countries which outsource vast amount of business. Information technology is the most commonly outsourced industry. It is seen that more and…

Outsourcing of E-business services Electronic business is a relatively new form of entrepreneurship that came into existence in the age of information technology and globalization. Despite the novelty of this field, companies that operate in virtual environment have to comply with the same laws of marketing and choose the same strategies for increasing their productivity.…