Research Project: Offshoring, Outsourcing, and Sainsbury's Performance

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Added on  2023/02/02

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This report is a research project that investigates the advantages and disadvantages of offshoring and outsourcing on business performance at a global level, using Sainsbury's as a case study. The report outlines the aims, objectives, and research questions, which focus on understanding the concepts, identifying benefits and risks, evaluating effectiveness, and recommending strategies to mitigate risks. The methodology employs a descriptive research design with random sampling. The report presents findings based on themes related to knowledge of offshoring and outsourcing, key benefits of offshoring, major risks associated with offshoring, major benefits of outsourcing, and main demerits of outsourcing. The conclusion summarizes outsourcing and offshoring, highlighting their benefits and risks. The recommendations emphasize the need for organizations to focus on risk factors to maximize benefits. The report provides a comprehensive overview of the topic, including key concepts, research methods, findings, and recommendations.
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RESEARCH PROJECT
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Aims and objectives
Research questions
Research methodology
Data analysis
Conclusion
Recommendation
References
Table of Contents
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Aims and Objectives
Aim of the research: “To investigate the benefits and the risks of offshoring and
outsourcing on business performance at global level. A case study on Sainsbury plc.”
Research Objectives
To understand the concept of offshoring and outsourcing in regards to business.
To identify the benefits and risks of outsourcing and offshoring.
To evaluate effectiveness of outsourcing and offshoring on business performance of
Sainsbury plc.
Recommend different ways through which Sainsbury plc can easily overcome risks of
offshoring and outsourcing.
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Research Questions
What is the concept of offshoring and outsourcing in regards to business ?
What are the benefits and risks of outsourcing and offshoring ?
How to evaluate effectiveness of outsourcing and offshoring on business
performance of Sainsbury plc ?
What are the different ways through which Sainsbury plc can easily
overcome risks of offshoring and outsourcing ?
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Research Methodology
The present study will focus on descriptive research design in order to
conduct proper analysis of risk and befits of outsourcing & offshoring on
business performance of Sainsburry plc in global level respectively. It is
helpful to gain detailed description about the topic which facilitate to
attain accurate results.
The present report will focus on random sampling by selecting
respondents for proper study having sample size of 40 members.
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Theme 1: Rating (out of 5) will you give to your
knowledge about offshoring and outsourcing
Q1. What rating (out of 5)
will you give to your
knowledge about
offshoring and
outsourcing?
Frequency
(A) 5 15
(B) 4 10
(C) 3 5
(D) 2 or below 2 10
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Theme 2: The key benefits of Offshoring
Q2. What are the key
benefits of Offshoring?
Frequency
(A) Business growth 10
(B) Access to vast pool of
talent
15
(C) Reduced risk 10
(D) Better Control 5
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Theme 3: Major risks associated with Offshoring
Q3. What are major risks
associated with
Offshoring?
Frequency
(A) Cultural differences 5
(B) Data security 10
(C) Issue regarding
quality control
15
(D) Subpar employee
management
10
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Theme 4: The major benefits of outsourcing
Q4. What are the major
benefits of outsourcing?
Frequency
(A) Focus on core
business activities
7
(B) Staffing flexibility 13
(C) Reducing in cost of
business
12
(D) Improved service 8
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Theme 5: Main demerits of outsourcing
Q5. What are main demerits of
outsourcing?
Frequency
(A) Issue of trust 12
(B) Risks regarding confidentiality 12
(C) Less control on business
activities
10
(D) Hidden cost 6
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Conclusion
From the above report, it has been concluded that outsourcing can be
described that when an organisation contract to do work with 3rd party.
It consist another concept of offshoring which can be explained to getting
work done in various nations generally leverage cost advantages.
It consist the benefits of both these options while opting them by a
company in context of gaining benefits like reducing cost, increasing
profitability, improve quality of product and flexibility.
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Recommendations
Considering the above discussed information, it has been recommended
that outsourcing and offshoring are beneficial for business but they both
carry risk factors along with them.
It is necessary for organisations to focus on related risk factors in order to
remain prepare for overcoming problems along with achieving benefits of
these techniques in proper manner.
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