Research Paper sample - Outsourcing

Outsourcing  Research Paper example
Masters
Research Paper
Management
Pages 7 (1757 words)
Download 0
Outsourcing has turned out to be a key business aspect, providing many firms with the chance of hiring an outside firm, to help in the completion of their production processes, and a well reduced cost but high productivity rate. The decision to undertake outsourcing is a sign of future increase in profits…

Introduction

Outsourcing has turned out to be a key business aspect, providing many firms with the chance of hiring an outside firm, to help in the completion of their production processes, and a well reduced cost but high productivity rate. The decision to undertake outsourcing is a sign of future increase in profits.A number of factors have become considered before a firm can decide whether outsourcing is the right path for the firm to take. To many organizations the objective of outsourcing is to improve the company’s financial competitiveness, majorly through reduction of costs. The author argues that, companies that specialize in various support functions work cheaper since they benefit from various scale of economies, use the latest technology and expert knowledge. A number of organizations make the decisions outsource mainly since they want to try and focus on their key competencies, and check minimal value in creating in house processes out of these main competencies. Human resource outsourcing helps in reducing the overall work load of the present Human Resource staff. According to him, this gives the firm an opportunity to focus on its strategic decision making process, and development of the major competencies. Outsourcing HR processes can provide managers with an opportunity to pay close attention to their main businesses, instead of spending their valuable time on different HR processes, which are constantly turning out to be complex and more advanced. ...
Download paper
Not exactly what you need?

Related papers

The Evolution of Communication Technology and Personal Impact
The Evolution of Communication Technology and Personal Impact …
6 pages (1506 words)
Outsourcing: Theory, Literature and Effects
Varadarajan 2009, p. 1165-1166). Varadarajan pointed out that other phrases used by firms also imply outsourcing: “externalization of low value added value chain activities in firms, the hallowing of corporations, the transformation of firms into virtual enterprises, and terms such contracting and sub-contracting, also imply outsourcing” (p. 1166). Although one part of the Varadarajan material…
10 pages (2510 words)
Reseach Paper on Amazon
However, when it was founded in 1994, it was a bookseller. In addition, it manufactures electronics, such as the Amazon Kindle, for clients and provides cloud-computing services. Additional revenue for the company is from marketing services. This is mainly by online advertisement and co-branding of credit cards (Schneider, 46). The company operates in the United States and in other countries such…
5 pages (1255 words)
Outsourcing
Outsourcing has revolutionized processes in the workplace, provided tools and valuable data and information, and has done many things of great importance to businesses and organisations. Literature Review This essay will focus on human resource outsourcing (HRO) which is becoming a trend particularly in the public sector. Human resource outsourcing affects performance of the staff. Human resource…
8 pages (2008 words)
Research paper.
Some misrepresentations however aim at esteeming an organization’s financial position to present a better image to stakeholders. I, in this paper, review cases of accounting fraud. Worthen reports a claim by Hewlett Packard that Autonomy, a United Kingdom based company that it acquired two years ago, had misrepresented its financial position to the harm of Hewlett Packard. Hewlett Packard…
Healthcare sector in U.S.
Healthcare sector in U.S. …
9 pages (2259 words)
The benefits and drawbacks of finance and accounting outsourcing
Outsourcing of core business activities was seen to be trend of SMEs however it is evident that today even larger organizations outsource their core functions as these activities are seen to be burden for the management. In the present business or corporate world competition has increased thus the managements are more inclined in utilizing their time for the business and competitive strategies…