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Outsourcing the Creation of a Product or Service

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The process of outsourcing the creation of a product or a service is a controversial, yet critical strategic decision for many employers. Describe one example from your professional experience, or that you are familiar with, where a process or function was outsourced. What are the financial implications of this change? Did the quality of the product or service stay the same, improve, or decline?

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We outsourced secondary market research to an outsourced market research provider based in India. We saved almost 40% due to this initiative on our market research initiatives. In terms of quality of service delivered by the third party firm, it was quite good and totally acceptable as per our internal quality standards. The firm did a great job in terms ...

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Discusses outsourcing of process or function and its financial implications.

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Operations and Value Creation for a womens' garment store

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The first part involves discussing the daily operations of the women garment store.

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For the second part, suppose that you are either using offshore manufacturing or have outsourced services to another country.

Please evaluate how economics, the government, and laws could affect value creation from a global context.

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