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Benefits and Risks of Offshoring and Outsourcing

   

Added on  2023-01-16

13 Pages2447 Words68 Views
RESEARCH PROPOSAL
AND ETHICAL FORM

Table of Contents
RESEARCH PROPOSAL FORM...................................................................................................1
RESEARCH ETHICS APPROVAL FORM...................................................................................7

RESEARCH PROPOSAL FORM
Student Name: ______________________ Student ID: ____________
Centre Name: _____________________
Tutor: ________________ Date: ___________________
Unit: ____________________
Proposed Title: The benefits and risks of offshoring and outsourcing.
Section One: Title, objective, responsibilities
Title or working title of the research project (in the form of a question, objective or
hypothesis)
“To determine benefits and risk of outsourcing and outsourcing on organisational performance.
A study on General Electric”.
Research objectives (e.g what is the question you want to answer? What do you
want to learn how to do? What do you want to find out?):
Research Objectives
To understand offshoring and outsourcing concepts.
To examine the benefits and risks of outsourcing and outsourcing on performance of
General Electric.
To different ways adopt by General Electric to overcome while outsourcing and
offshoring business?
Research Questions
What is offshoring and outsourcing?
What are the benefits and risks of outsourcing and outsourcing on performance of
General Electric?
What are the different ways adopt by General Electric to overcome while outsourcing
and offshoring business?
Section Two: Reasons for choosing this research project
Reasons for choosing the project (e.g links to other subjects you are studying,
personal interest, future plans, knowledge/skills you want to improve, why the

topic is important):
The main reason behind conducting this research project is to determine benefits and risk of
outsourcing and outsourcing on organisational performance of General Electric. It is a largest
company, which helps a person through offering them job opportunities. It will help in cutting
high unemployment rates. As well as this, investigator can improve their skills in an easy
manner with the aid of this subject or study, including literature review, collection of data and
data analysis. All these skills are important for each operation to be completed.
Section Three: Literature sources searched
Use of key literature sources to support your research question, objective or
hypothesis:
Offshoring and outsourcing
According to opinion of Jonathan Webb (2019) Outsourcing is explained to company
contracting the work to third party while the offshoring is related to getting the work done in
various country to leverage the cost benefits. The outsourcing is obtaining the certain products
or services from third party firm necessarily sourcing something like the manufacturing of
certain input to other organisation. It is shifting of functions of business in country other than
its primary where resources would be properly available to company and minimize overall cost
of firm.
Off-shoring is related to relocation of the business processes in various country. It is shifting of
the business activities in country than home country where resources can available cheaply to
company which minimize overall cost of firm. Its main objective is to reduce cost effectively.
Firm can save in production and labour cost where this hires the talent and purchases the
resources from the developing countries.
Benefits and risks of outsourcing and outsourcing on performance of General Electric
On the basis of Pamela Hyatt (2019) Off-shoring generally occurs when an organisation
moves all its activities to other country with a view to establishing an optimized strategic
relationship or growth of business. Off-shoring is mainly used at the business level to build
economic opportunities for other nation's business entities and aid in the long-term process of
business. The benefits of the offshoring are low cost, exercise the more control, Focus on
business development etc. Some of the risk arise in offshoring are inexperienced staff, hidden

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