logo

Outsourcing Business Functions in Small Business Report

   

Added on  2020-04-07

13 Pages2273 Words69 Views
RUNNING HEAD: OUTSOURCING BUSINESS FUNCTION IN SMALL BUISNESS1OUTSOURCING BUSINESS FUNCTION IN SMALL BUISNESSStudent NameInstitute Name

OUTSOURCING BUSINESS FUNCTION IN SMALL BUISNESS2ContentsIntroduction......................................................................................................................................4Objective..........................................................................................................................................4Scope................................................................................................................................................4Literature review..............................................................................................................................5Justification......................................................................................................................................6Research questions...........................................................................................................................6Primary research questions..........................................................................................................6Secondary research questions......................................................................................................6Research design and methodology..................................................................................................7Qualitative research......................................................................................................................7Quantitative research....................................................................................................................7Sample size..................................................................................................................................7Sampling......................................................................................................................................8Variable........................................................................................................................................8Data collection.............................................................................................................................8Data analysis................................................................................................................................8Conclusion.......................................................................................................................................8Reliability and validity....................................................................................................................9Limitations of the research..............................................................................................................9

OUTSOURCING BUSINESS FUNCTION IN SMALL BUISNESS3Time plan.........................................................................................................................................9Reference.......................................................................................................................................10

OUTSOURCING BUSINESS FUNCTION IN SMALL BUISNESS4IntroductionThe report will discuss in detail about the function of outsourcing in a small business. The concept of outsourcing is based on the practice of utilizing an external company in order to handle works which are usually performed in the organization with a more familiar method for many entrepreneurs. The small companies on routine basis usually outsource normal operations like processing of payroll or accounting or distribution and many more. The simple reason for this is that small firms usually left with no other option (Asatiani et al., 2014). There are number of big organization that outsources in order to minimize the cost and the complete industry is slowly evolving now to service the organization in their outsourcing needs. ObjectiveThe main objective of the report is to understand the role of outsourcing function in small businesses. ScopeIt is important to understand that when an economy is under bad weather, small businesses are the one that suffer the most because of it. The owner of small business, it usually looks prudent to decrease the overall cost by trying to every possible task in-house. In fact, the outsourcing function can be a more economical kind of option (Brown et al., 2014). For small business, it is always crucial to spread the workforce to focus on strengthen the core strengths and outsource those functions that are not part of expertise.

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
HI6008 Business Research | Small Business Outsourcing Function
|13
|3024
|31

Outsourcing in Organizations: Advantages and Disadvantages - A Case Study of IBM
|11
|2370
|180

AP115 - Outsourcing Business Function
|13
|2942
|54

Outsourcing Process Methods
|12
|2637
|81

Business Research - Outsourcing Business
|15
|3083
|58

Advantages and Disadvantages of Outsourcing Construction
|27
|7929
|13