Benefits and Risks of Offshoring and Outsourcing
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Added on 2021-01-02
Benefits and Risks of Offshoring and Outsourcing
Added on 2021-01-02
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Table of ContentsTITLE .............................................................................................................................................1EXECUTIVE SUMMARY.............................................................................................................1METHODOLOGY..........................................................................................................................1RESULTS/FINDINGS ...................................................................................................................3DATA INTERPRETATION...........................................................................................................6DISCUSSION................................................................................................................................20CONCLUSION..............................................................................................................................20RECOMMENDATION.................................................................................................................21REFLECTION...............................................................................................................................21REFERENCES .............................................................................................................................23
TITLE “To investigate the benefits and the risks of offshoring and outsourcing on businessoperations of multinational organisation”. A Study on Sainsbury's. EXECUTIVE SUMMARYThis research report talks about benefits and risks of offshoring and outsourcing onbusiness operation of Sainsbury's. The purpose of this research is identify various opportunitiesfor Sainsbury's which are developed through international expansion. Along with this, theresearch is helpful in evaluating risks of the similar concept along with the ways through which itcan be overcome effectively. In the current study, investigator have used qualitative researchmethod for attaining valuable research. Along with this, Questionnaire had been adopted byinvestigator as it is helpful in collecting data in minimum time limit. From overall study, it hasbeen identified that outsourcing and offshoring both are valuable concept for the company as ithelps them in attaining maximum business opportunities which results in higher profitability. Onthe basis of whole study, it has been concluded that every organisation should go for outsourcingin order to improve its performance and enhance its profitability. At last, it is recommended toSainsbury's that its top management team should focus on following all ethical and other relatednorms at the time of international working. Along with this, they are also recommended to adopteffective communication channel for conveying right information to respective person. METHODOLOGYIn the research methodology section, investigator have used primary as well as secondarymethod for collecting information regarding the topic. Primary means information is gathered byresearcher for the very first time. For this investigator use questionnaire method. Whereassecondary research means data collected from already published area which includes newspaper,journals and from websites. In this research, for primary data scholar has taken 30 respondentsfor analysing their views and thoughts. For this, questionnaire method is adopted for gatheringinformation. On the other hand secondary data includes research articles, newspapers, onlinearticles, books, journals, websites and many more. With the help of these methods researcherwill be able to gather sufficient amount of information in order to successfully accomplishingthis research. 1
RESULTS/FINDINGS QuestionnaireQ 1) Are you aware with the concept of globalisation?a) Yesb) NoQ 2) Do you think offshoring and outsourcing is the part of globalisation?a) Agreeb) DisagreeQ 3) As per your viewpoint, which is the main benefits of offshoring on business operations ofSainsbury's?a) Increase in number of customersb) Favourable government policiesc) Better approach to new opportunity.Q 4) According to your perception, what are main risk of offshoring on business operations forSainsbury's?a) Communication problemsb) Increase unemploymentc) Cultural and social differencesQ 5) What are the different ways through which risk of offshoring and outsourcing can beovercome by Sainsbury's?a) Followance of norm and policiesb) Adoption of right communication channelc) Better training session for employeesQ 6) Do you think offshoring and outsourcing will be helpful for Sainsbury's in terms of itsprofitability improvement?a) Agreeb) DisagreeQ 7) As per your viewpoint, which one is the main reason that will be required by Sainsbury's atthe time of performing operational activities at international market place. a) Human resourceb) Financial Fundsc) Advance technology2
Q 8) Do you think, Sainsbury's is required to enhance its product portfolio for grabbingattention of more customers.a) Yesb) NoQ 9) Do you think outsourcing could affect quality of products and services offered bySainsbury's?a) Yesb) NoQ 10) As per your viewpoint, which one is the bes source of fund will help Sainsbury's forexpansion of business at international market?a) Bank Loanb) From Friends and Family c) Crowdfundingd) Angel InvestorsQ 11) Provide some recommendation for Sainsbury's by which it perform its operationalactivity in international market place in effectively so that its profitability can be raised.QuestionnaireQ 1) Are you aware with the concept of globalisation?Frequencya) Yes22b) No8Q 2) Do you think offshoring and outsourcing is the part of globalisation?Frequencya) Agree25b) Disagree5Q 3) As per your viewpoint, which is the main benefits of offshoring onbusiness operations of Sainsbury's?Frequencya) Increase in number of customers10b) Favourable government policies10c) Better approach to new opportunity.10Q 4) According to your perception, what are main risk of offshoring onbusiness operations for Sainsbury's?Frequency3
a) Communication problems12b) Increase unemployment8c) Cultural and social differences10Q 5) What are the different ways through which risk of offshoring andoutsourcing can be overcome by Sainsbury's?Frequencya) Followance of norm and policies8b) Adoption of right communication channel8c) Better training session for employees14Q 6) Do you think offshoring and outsourcing will be helpful for Sainsbury'sin terms of its profitability improvement?Frequencya) Agree18b) Disagree12Q 7) As per your viewpoint, which one is the main resource that will berequired by Sainsbury's at the time of performing operational activities atinternational market place. Frequencya) Human resource11b) Financial Funds15c) Advance technology4Q 8) Do you think, Sainsbury's is required to enhance its product portfoliofor grabbing attention of more customers.Frequencya) Yes26b) No4Q 9) Do you think outsourcing could affect quality of products and servicesoffered by Sainsbury's?Frequencya) Yes23b) No7Q 10) As per your viewpoint, which one is the bes source of fund will helpSainsbury's for expansion of business at international market?Frequencya) Bank Loan10b) From Friends and Family 6c) Crowdfunding6d) Angel Investors84
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