logo

BUSINESS RESEARCH 3 3 Business Research Name of the Student Name of the University Author Notes Introduction 2 Project Scope 3 Business Research Scope 3 Business Research Scope 3 Business Research Sco

11 Pages2746 Words297 Views
   

Added on  2020-02-24

About This Document

BUSINESS RESEARCH BUSINESS RESEARCH 3 3 BUSINESS RESEARCH Business Research Name of the Student Name of the University Author Notes Introduction 2 Project Overview 2 Project Scope 3 Literature Review 3 Advantages of outsourcing business 3 Cost-effectiveness and aid in the process of manufacture 3 Core area focus of Business 5 Assistance in the process of recruitment of employees 5 Time zone advantage 6 Disadvantage of outsourcing business 6 2010). India (2011), have mentioned that with the help of the outsourcing business process it is possible to decrease the cost of the electronic manufacturing units

BUSINESS RESEARCH 3 3 Business Research Name of the Student Name of the University Author Notes Introduction 2 Project Scope 3 Business Research Scope 3 Business Research Scope 3 Business Research Sco

   Added on 2020-02-24

ShareRelated Documents
Running head: BUSINESS RESEARCH Business Research Name of the StudentName of the UniversityAuthor Notes
BUSINESS RESEARCH 3 3 Business Research Name of the Student Name of the University Author Notes Introduction 2 Project Scope 3 Business Research Scope 3 Business Research Scope 3 Business Research Sco_1
BUSINESS RESEARCH 1Table of ContentsIntroduction................................................................................................................................2Project Overview........................................................................................................................2Project Scope..............................................................................................................................3Literature Review.......................................................................................................................3Advantages of outsourcing business..........................................................................................3Cost-effectiveness and aid in the process of manufacture......................................................3Core area focus of Business...................................................................................................5Assistance in the process of recruitment of employees..........................................................5Time zone advantage..............................................................................................................6Disadvantage of outsourcing business.......................................................................................6Involvement of hidden cost and pricing issues.......................................................................6Synchronization deliverable Issues........................................................................................7Risk of exposing classified information.................................................................................7Conclusion..................................................................................................................................8Reference....................................................................................................................................9
BUSINESS RESEARCH 3 3 Business Research Name of the Student Name of the University Author Notes Introduction 2 Project Scope 3 Business Research Scope 3 Business Research Scope 3 Business Research Sco_2
BUSINESS RESEARCH 2IntroductionOutsourcing business process can be defined as an important strategy, where abusiness organisation set up official contract with third party agencies in order to carry outimportant operational function and responsibilities. In many cases the business organisationhires suppliers in order to get access to raw materials and other important resources. Largescale companies and multinational corporations have been using the technique ofOutsourcing business process that are needed to deal with the various challenges related tooperational activities. It enables the company to achieve organisational flexibility and alsoreduce the cost of business operation. There are several examples of multinational companiesusing Global talents with the help of outsourcing unit. Considering the significance of outsourcing in business operation of current days, the reportaims to analyse the advantages and drawbacks of this system in the global environment. Project OverviewIn the current era of globalisation, most of the multinational corporations preferred towork in business partnership. This can help them in the process of expanding the business.This can provide the companies access to wide range of workers having effective skills.Other hand there is various examples of large scale companies but they have suffered lossdue to Outsourcing business from third party agents. Hence, it is important to analyse boththe positive and negative aspects of outsourcing business in order to understand its impact inthe current Global Business scenario. The current project will aim to discuss the existing literature that is related to outsourcingbusiness unit and thereby highlighting the advantage and disadvantages associated with thisprocess.
BUSINESS RESEARCH 3 3 Business Research Name of the Student Name of the University Author Notes Introduction 2 Project Scope 3 Business Research Scope 3 Business Research Scope 3 Business Research Sco_3
BUSINESS RESEARCH 3Project Scope The current project will provide literature review from the peer-reviewed journal articles thatare related to the Research work of business Outsourcing process. There will be some real lifeexamples provided that will help to highlight upon positive and negative aspects ofoutsourcing business process. It is essential for all business companies to have Outsourcingpartner in order to deal with the challenge of resource shortage and efficiency of skilledlabours. The current project will also highlight upon the importance of the most parts that arerelated to the outsourcing business. The limitation and the existing gap that exist within theliterature will also be discussed within the current project. Literature ReviewAdvantages of outsourcing businessCost-effectiveness and aid in the process of manufacture Javalgi et al. (2011), have mentioned that with the help of Outsourcing businessprocess it is possible to decrease the overall expenditure of the company. This is mainly dueto the fact that the large-scale multinational corporations are able to hire workers from thirdparty organisations at much lower rate. This is evident from the fact that most of theAmerican and European in MNCs recruit workouts from the Asian countries including IndiaBangladesh and China, where the cost of labour is much lower. Hence it is possible for theorganisation to carry out all the major operational tasks at much lower rate. It is alsoimportant to mention that extreme low cost labour rate in China have resulted in the fact thatmost of the electronic manufacturing join have set up their manufacturing unit in the nation(Lacity and Willcocks 2013). As the companies are able to hire candidates from foreign Nations, it is also possible for themto bring about innovation within the manufacturing and operational process. There are also no
BUSINESS RESEARCH 3 3 Business Research Name of the Student Name of the University Author Notes Introduction 2 Project Scope 3 Business Research Scope 3 Business Research Scope 3 Business Research Sco_4

End of preview

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

Related Documents
HI6008 - Advantages and Disadvantages of Outsourcing Business Process
|11
|2802
|32

Paper on Literature Review Of Business Research
|13
|2945
|157

AP115 - Advantages and Disadvantages of Outsourcing Business Functions
|14
|3262
|85

Research Design and Methodology for Quantitative and Quantitative Research
|14
|3060
|139

Advantages and Disadvantages of Outsourcing Business Functions
|12
|3335
|291

Business Research - Outsourcing Business
|15
|3083
|58