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Job Offshoring: A Strategic Business Management Analysis of Price Waterhouse Cooper

   

Added on  2023-05-28

10 Pages2155 Words421 Views
Business Development
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Running head: STRATEGIC BUSINESS MANAGEMENT
Strategic Business Management
Name of the Student
Name of the University
Author’s Note
Job Offshoring: A Strategic Business Management Analysis of Price Waterhouse Cooper_1

1STRATEGIC BUSINESS MANAGEMENT
Table of Contents
Introduction......................................................................................................................................2
External Issues.................................................................................................................................2
Internal Issues..................................................................................................................................3
Stakeholders Analysis......................................................................................................................4
Competitive Advantage...................................................................................................................4
Issues of Strategy.............................................................................................................................5
Conclusion.......................................................................................................................................6
References........................................................................................................................................8
Job Offshoring: A Strategic Business Management Analysis of Price Waterhouse Cooper_2

2STRATEGIC BUSINESS MANAGEMENT
Introduction
In today’s business world, strategic management is considered as one of the major
aspects for the success of the business organizations. Strategic business management is
considered as a major process that includes planning, monitoring, analyzing and assessing the
necessary aspects for the companies that are required for the companies to meet their goals and
objectives (Wheelen et al. 2017). The presence of various strategies can be seen in the process of
strategic business management and one of them is job off shoring. Job offshoring is considered
as the process to relocate the business processes of the companies to another location like
manufacturing, supporting, processing, accounting and others (Doz 2017). This report takes into
consideration the major aspects of job offshoring. More specifically, the aim of the report is to
analyze different aspects of job offshoring of Price Waterhouse Cooper (PWC).
External Issues
It needs to be mentioned that there are certain external issues that lead to the decision of
PWC to move their jobs offshore. Lower operational and cost of labor can be considered as a
major reason for PWC’s job offshoring. The cost of operations and labors makes a large part in
the expenses of PWC and the aim of the company is to reduce these costs with the aim to
increase profitability. For this reason, the company adopts the strategy to offshore their jobs as it
provides the company with the opportunity to reduce both the costs of operation and labor (Da
Silveira 2014). After that, the aim of the companies like PWC is to tap into the global knowledge
base in order to bring efficiency in their operations. Adoption of the strategy of job offshoring
provides the company with the required access to the world class capabilities. Thus, it can be
considered as a major external factor. The scarcity of required resources in a particular region is
Job Offshoring: A Strategic Business Management Analysis of Price Waterhouse Cooper_3

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