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Managing Across Borders 2022 Report

   

Added on  2022-09-26

8 Pages1648 Words24 Views
Running Head: MANAGING ACROSS BORDERS
MANAGING ACROSS BORDERS
Name of the Student
Name of the University
Author Note

1MANAGING ACROSS BORDERS
Table of Contents
Introduction................................................................................................................................2
Discussion..................................................................................................................................2
Outsourcing............................................................................................................................2
Advantages of Outsourcing....................................................................................................2
Disadvantages of Outsourcing...............................................................................................3
Role played by Outsourcing in Global Context.....................................................................4
Conclusion..................................................................................................................................5
Reference....................................................................................................................................7

2MANAGING ACROSS BORDERS
Introduction
In the recent few years, the outsourcing has now become the vital factor in the
performance of the organizations and no longer can it be ignored. In the era of Industrial
revolution, the organizations have been very much concerned about exploitations of their
competitive advantages for increasing their profits as well as markets. However, there are
certain issues in the management of the functions of outsourcing as well as the role played by
it in the revolutionizing increase in the performance of the organizations. The services of
outsourcing ranges from logistics to cleaning to others which has now become the significant
forces in the services of global outsourcing trend, yet there are number of questions regarding
degree to which there is positive outcome of outsourcing and condition that supports it (Khan
and Bashar 2016). Therefore, under this report, discussion will be done on the advantages as
well as disadvantages of the outsourcing as well as role it plays in the global context.
Discussion
Outsourcing
Outsourcing is described as the procurement of the products or the services from the
sources, which are external to organization. It is defined as the act of transferring of the some
of the recurring internal activities of the organization and the decisions rights to the outside
providers as set in the contract. It generally involves having the work that was done formerly
inside, which is to be performed by the external organizations. The provider of the services is
generally responsible to deliver the service that is contracted, resolving the problems of day-
to-day operations as well as helps in managing request and implementing the routine changes
according to the frameworks of the contracts as well as standards (Gunasekaran et al. 2015).
Advantages of Outsourcing
Following are major advantages of the outsourcing:

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