Business Research Project: Offshoring and Outsourcing, ALDI Analysis

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Added on  2023/02/01

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AI Summary
This research project examines the concepts, benefits, and risks associated with offshoring and outsourcing, with a specific focus on a case study of ALDI. The project begins by defining offshoring and outsourcing, highlighting the relocation of business processes and the use of third-party services. The research aims to identify the advantages and disadvantages of these strategies, considering factors such as cost, efficiency, and potential challenges. The methodology involves analyzing the benefits and risks of offshoring and outsourcing, alongside recommendations. The project also addresses the importance of effective communication with stakeholders. It concludes by summarizing the key findings and providing relevant references to support the analysis. This research project provides an overview of the challenges and opportunities of offshoring and outsourcing in the business world.
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RESEARCH
PROJECT
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Table of Content
Introduction
Aims
Objectives
Findings to Stakeholders
Conclusion
Recommendations
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Introduction
Offshoring is explained to acquiring the services or products from
other country. It is related to getting the work done in various
countries mainly to leverage the cost advantages. This is
relocation of process of business from one country to other
generally an operational process like accounting, manufacturing
etc. On the other hand, outsourcing is related to receiving the
certain products or services from third party firm necessary
sourcing something like the manufacturing and accounting
services of certain input to other organisation.
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Research Aim
The main aim of this research is “To identify the benefits and risk
of offshoring and outsourcing on business operations of
multinational organisation. A study on ALDI”.
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Research Objectives
To determine the concept of offshoring and outsourcing.
To analyses the advantages and disadvantages of
offshoring and outsourcing.
To identify the ways through which risk of offshoring and
outsourcing can be overcome by an organization
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Findings to Stakeholders
Communication can either be informal or formal and also can be
occur in multitude of various presentations. An internal
communication assures that all the stakeholders are up- to-
date about the findings of research in an effective manner. For
convey effective research outcomes to stakeholders, it is
necessary to realise better way to be reach them effectively. In
research, stakeholders includes those people which get some
benefits from finish investigation.
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Conclusion
This research report is related to advantages as well as the risks
of outsourcing and offshoring. This signified specific
investigation related issue to get over with them with the help
of accumulation of reliable information. Under this, research
methodology has include the applications which supports in a
right way.
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References
Beynon-Davies, P., 2013. Business information systems. Macmillan
International Higher Education.
Capasso, M., Cusmano, L. and Morrison, A., 2013. The determinants
of outsourcing and offshoring strategies in industrial districts:
evidence from Italy. Regional Studies. 47(4). pp.465-479.
Carneiro, J. and Brenes, E. R., 2014. Latin American firms
competing in the global economy. Journal of Business Research.
67(5). pp.831-836.
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THANK YOU
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