Strategic Management In a Globalized Economy

Running head: STRATEGIC MANAGEMENT
Strategic Management In a Globalized Economy
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2STRATEGIC MANAGEMENT
two companies in different industries that have entered into outsourcing agreements with
firms with specialized services.
Many companions have entered into outsourcing business along with other counties to
make sure that they can get a good amount of profit in the market. Outsourcing is useful as it
helps in a steady and smooth flow of business ideas and also about developing new products and
services for the market. However, this must be ensured that the two companies are abiding by all
the ethical rules and regulations so that they can maintain a proper political obligation as well
(Lacity & Willcocks, 2017). The two companies of U.S hat have entered into outsourcing
business are Ford Motor Company(FMC) and also CISCO. These two companies are among the
well known and popular companies of the U.S who have entered into the outsourcing business
with India. Ford is an automobile company of America that has outsourced the IT software, IT
development, IT customer support and other such technological services to India also that they
can reduce the workload and also make sure that they are being able to work over the
technological issues properly. E-commerce solution is mainly outsourced to India so that they
can gain several customers' and also make sure that they are being able to carry on with their
other works properly (Mani & Barua, 2015).
The other company is CISCO that has also outsourced some of its operations to India.
The company has mainly outsourced the Structuring and technological developments to India.
They have also been able to establish one of the second largest research and development facility