Benefits and Risks of Offshoring and Outsourcing in Globalisation of Business

This presentation discusses the benefits and risks associated with offshoring and outsourcing in the globalisation of business. It includes a case study on Morrisons and provides recommendations for improvements in offshoring and outsourcing of resources.

Research
Project

Table of Content
 Title of Project
 Introduction
 Research Objectives
 Research Questions
 Data Analysis
 Conclusion
 Recommendation
 References

Title of Project
“To analyse the benefits and risks of offshoring
and outsourcing in globalisation of
business.” A case study on Morrisons.

Introduction
Globalisation refers to the process in which business runs at
international level and provide more growth prospects. Hence this is
the process in which there is exchange of ideas, resources which
helps in integration and interaction among people, political parties.
Hence it is clear that globalisation requires more resources such as
funds, human resources, technological aspects, etc. In this report,
there is discussion about benefits and risk associated with offshoring
and outsourcing of resources.

Research Objectives
 To understand the concept of offshore and outsourcing of
resources.
 To understand the benefits and risks associated in outsourcing and
offshoring.
 To determine the relationship between outsourcing and offshoring
of resources with expansion of business.
 To recommend improvements in offshoring and outsourcing of
resources in Morrisons.

Research Questions
 Do you understand the concept of offshore and outsourcing of
resources?
 What are the benefits and risks associated in outsourcing and
offshoring?
 What type of relation occur between outsourcing and offshoring of
resources with expansion of business by Morrisons?
 What are the recommendations for improvements in offshoring
and outsourcing of resources by managers of Morrisons?

Data Analysis
This is the technique which is used to collect information related to
research topic. In this research thematic approach is used. As per
this approach, there are themes above questions which provides
brief information about question. This helps to provide relevant
information to readers and they are able to enhance their knowledge.

Theme1: Concept of offshore and outsourcing of resources
Q1. Do you understand the concept of offshore and
outsourcing of resources?
Frequency
Yes 39
No 11
Yes No
0
5
10
15
20
25
30
35
40
39
11
Frequency

Theme 2: Current performance of Morrisons
Q2. Are you satisfied with the current
performance of Morrisons?
Frequency
Yes 36
No 14
Yes No
0
5
10
15
20
25
30
35
40 36
14 Frequency

Theme3: Impact on performance of Morrisons with outsourcing and
offshoring of resources
Q3. What is the impact on performance of Morrisons with
outsourcing and offshoring of resources?
Frequency
Positive 28
Negative 22
Positive Negative
0
5
10
15
20
25
30 28
22
Frequency

Theme 4: Assistance of offshoring and outsourcing of resources
Q4. Does business expansion possible for
Morrisons with the help of offshore and
outsourcing of resources?
Frequency
Yes 33
No 17
Yes No
0
5
10
15
20
25
30
35 33
17
Frequency

Conclusion
From the above discussion, it is clear that with the help of outsourcing
and offshoring resources business expansion at international can be
done. There is requirement of some policies to be followed by
managers of association such as regular market analysis to get
positive return. In this report, questionnaire is used as primary
source of data and response is collected from 50 workers. In this
research aims and objectives are achieved within specified time.

Recommendation
As there are many changes which are taking place in business
environment such as change in legal and political policies, customer
trends, etc. In order to deal with change in political and legal
policies managers of Morrisons must hire expertise personnel who
have knowledge about these techniques, so it is easy to coop – up
with it.
Managers must made contract with external parties, so outsourcing and
offshoring is not costly for association.

References
Cavusgil, S. T., and et. al., 2014. International business. Pearson
Australia.
Dhar, S., 2012. From outsourcing to Cloud computing: evolution of IT
services. Management Research Review. 35(8). pp.664-675.
Gerbl, M., and et. al., 2015. A multi-theory approach to understanding
the business process outsourcing decision. Journal of World
Business. 50(3). pp.505-518.

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