Benefits and Risks of Offshoring and Outsourcing: A Case Study

This report examines the benefits and risks associated with offshoring and outsourcing in the context of business globalization, using Morrisons as a case study. The introduction defines globalization and its requirements, emphasizing the exchange of resources. The research objectives include understanding offshoring and outsourcing concepts, benefits, and risks, as well as their relationship to business expansion and recommendations for improvements. The research questions explore the understanding of these concepts, associated benefits and risks, their impact on business expansion, and recommendations for improvement. The data analysis utilizes a thematic approach, presenting frequency data from a questionnaire administered to 50 workers. The themes cover the concept of offshoring and outsourcing, current performance of Morrisons, impact on performance, and assistance of offshoring and outsourcing. The conclusion highlights the potential for business expansion through outsourcing and offshoring, emphasizing the need for appropriate policies. Recommendations suggest hiring expert personnel to manage political and legal changes and making cost-effective contracts with external parties. The report concludes with a list of references.

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.