Advantages Disadvantages And Role Of Outsourcing Discussion 2022

Running head: ADVANTAGES- DISADVANTAGES AND ROLE OF OUTSOURCING
ADVANTAGES- DISADVANTAGES AND ROLE OF OUTSOURCING
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ADVANTAGES- DISADVANTAGES AND ROLE OF OUTSOURCING1
Executive Summary:
Outsourcing is a very common phenomenon in the business world of recent times, and every
other major industry is involved in this practice. This particular practice has both
advantageous and disadvantageous positions. Therefore in the following essay the advantages
and the disadvantages of the outsourcing practice have been discussed and the further the role
of the same at the global perspective has also been analysed. Further, a conclusion has been
drawn from the discussion.

ADVANTAGES- DISADVANTAGES AND ROLE OF OUTSOURCING2
Introduction:
Outsourcing refers to a business process, whereby, the business house practices the hiring
process by another business house, who act as a third party, in the whole business process.
However, it is not always limited to the hiring process, in certain cases the third organization
also perform services and appropriate goods for the main business houses. Therefore, the
basic notion is that currently, many of the business houses are involving another organization,
as a third party to conduct some of the businesses which are traditionally meant to be done by
the major company (Dolgui & Proth, 2013).
However, in the following essay the advantages and the disadvantages of the system of
Outsourcing will be discussed and further, the role of the same, in a global context, will also
be analysed.
Discussion:
Sourcing has become a common practice of the organizations, especially for the giant
organization and the business houses who have a strong global presence.
Advantages:
The system of outsourcing has been included by the business house because many of the
reasons. Therefore, the prime reasons for the organizations to include this practices are,
Increased Efficiency. The organizations practicing outsourcing have stated that the
employment of the practice of outsourcing in many of the organizational conducts, have been
proved to be beneficial, as it increases the efficiency of the products and the services, and
thus benefit the quality control field of the organizations. The prime reason for this, as found
by the business analysts, is that, as a whole other organization sis employed into
manufacturing or providing other services, are employed into that particular activity only, and