Impact of Service Outsourced Functions on Financial Performance

Added on - 19 Feb 2020

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Running Head: RESEARCH PROPOSALResearch Proposal: Impact of Service Outsourced Functions on Financial Performance ofOrganizations
2RESEARCH PROPOSALTable of ContentsIntroduction..............................................................................................................................3Research Background.............................................................................................................3Research aim and objectives...................................................................................................5Research questions................................................................................................................5Justification of the research project..........................................................................................5Potential output.....................................................................................................................6Literature review.......................................................................................................................8Impact of outsourcing marketing services on financial performance of organizations....................8The impact of outsourcing security services on financial performance of organizations.................9The impact of outsourcing information technology services on financial performance oforganizations.........................................................................................................................9Balanced Scorecard............................................................................................................9The impact of outsourcing human resource services on financial performance of organizations....10Research Hypothesis............................................................................................................11Research Methodology............................................................................................................11Literature Review................................................................................................................11Data Analysis Methods........................................................................................................11Organization of the Study.....................................................................................................12Gantt chart..........................................................................................................................12Chart 2: Gantt chart.............................................................................................................13Project Budget and Budget Justification.................................................................................13Conclusion.............................................................................................................................14References..............................................................................................................................16YChart 1: Balanced Scorecard....................................................................................................10Chart 2: Gantt chart..................................................................................................................13Table 1: time structure..............................................................................................................13
3RESEARCH PROPOSALIntroductionThis report shows the impact of services function on financial performance on anorganization. Moreover, the main aim of this research proposal is to address techniques andapproaches to identify the impact of outsourced functions on the financial performance ofcompany. This report also presents the research background, research aim and objectives, andresearch justification. Further, it discusses conceptual understanding about the research topicthat is relied on research aim and objectives of the research. Moreover, research methodologydemonstrates the data collection method that will be used in a research study. It will be alsosignificant to show the techniques, which will be beneficial to resolve the issue of research.Research BackgroundThe research subject is “to analyses the impact of outsourced function on the financialperformance of an organization. For the current situation, it is mandatory for a corporate toimprove outsourced function issues due to enhancing the financial performance of acompany. It will be appropriate for continuous growth of company at the international level(Arku, 2013).For this, it will be vital for a corporate to enhance skills of employees and gain theunderstanding regarding outsourced function. Since, it will be effective to enhance thefinancial performance of a corporate. At the same time, it can also be beneficial to obtain acompetitive advantage in the upcoming period (Bernard, et al., 2014).In this research, the outsourced function will be imperative for gaining the financialperformance of a corporate in long-run. An organization will use the outsourced functions tocategorize business activity and resolve the issues of consumers in less time and cost. Fromthe practices of this, an organization capable to build their competence along with abilities toobtain the higher rate of profit in the marketplace. Moreover, it can be stated that most of the
4RESEARCH PROPOSALcompany of Australia has used the outsourced function in their business to effectively operatethe business along with deal with the upcoming uncertainty (Butler, et al., 2014).At the same time, it is also illustrated that the application of outsources function can becrucial to improve the existing situation of an organization along with the organizationalcapabilities to manage the unexpected occurrence.It will be also supportive to enhance competitive benefit in the marketplace. For future,outsourcing function is vital concepts which were investigated by various researchers withhelp of different region. Moreover, it is illustrated that there are certain elements which forcesto researcher for choosing the research named motivating research issue, the role ofoutsourced function in improving the financial performance of the organization. Additionally,it can be illustrated that these factors can attract the researcher to perform the researchregarding the practices of outsourced functions (Caine, et al., 2013).It will be helpful for obtaining a reliable and vital outcome. Moreover, various researchershave investigated on factors that affect the financial performance of an organization but thereis lack of research in the context of the impact of outsourced function on the financialperformance of a corporate. Hence, it can be a major cause for the selection of this researchissues.Research aim and objectivesThe aim of the study is to establish the impact of service outsourced functions on the financialperformance of organizations. The specific objectives are discussed as below:To find out the impact of outsourcing marketing services on the financial performanceof organizations.To establish the impact of outsourcing security services on the financial performanceof organizations.
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