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    Meaning and Advantages of Outsourcing

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    3. Conduct an Internet search to find and read at least 3 recent articles that relate to the key term you selected. Articles may be found in the International section of any reputable website that focuses on international business, such as Wall Street Journal, Financial Times, or the Economist. Another good source of information is EBSCOhost, accessible through Liberty's online library. Websites like about.com, britanica.com, Wikipedia etc. do not constitute scholarly academic articles and references.
    4. Of the 3 articles you've read, select the article that you wish to discuss, and write a review of it. In addition, you must post all 3 (or more) recent articles to the reference section—even though you review only one of them. You may provide additional references, but references do not replace 3 articles that relate to your key term. Actually reference the article you review within the article review. Your review must include the following sections (each section must be structured by a heading for each section):
    a. A definition of the key term: this does not count in the 200 word minimum requirement.
    b. A summary, in your own words, of the selected article.
    c. A discussion, in your own words, of how the article relates to the selected chapter and key term.
    d. The complete citation, in APA format, of each of the 3 articles read and any other additional references; these do not count in the 200-word requirement.
    e. All references must be annotated.
    5. Paste your review and add the Word document into a new thread or as a reply to the one you created to reserve the key term you chose. Click "Submit" to publish your review for the class.
    6. In Weeks 2,4,6, & 8 - Post a substantive reply to the thread of at least two classmates. A substantive reply includes at least 100 words analyzing the initial thread as well as adding to the research and concepts put forth in that thread. The goal is to create meaningful discussion. To simply restate the idea already put forth or to concur with the first reply is not adding substantial discussion. That is why it is good to do additional outside research.
    7. Make sure to copy and paste the discussion board and DB responses within the dialogue box within the discussion board thread and attach the DB and DB responses as a word attachment to the thread for each assignment.
    Discussion criteria for this assignment are fulfilled when you have posted one thread (concerning your key term) and two replies (one each to two classmates' threads). Make sure to provide scholarly and educational material and work that is engaging and substantive. Simply meeting the minimum requirements earns one only the minimum grade.

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    Solution Preview

    Outsourcing Defined
    Outsourcing is the act of transferring a portion of a business's processes to an outside source, such as a business partner or consulting firm. Usually, outsourcing is done because another firm can provide the service at a lower cost or because the firm can perform the specific function better and more efficiently.

    Article Summary
    For most businesses, outsourcing is a way to reduce costs. However, according to Heric and Singh (2010), outsourcing can offer many additional benefits. The key is in using the process in more innovative ...

    Solution Summary

    The discussion about the key term 'outsourcing' focuses on the benefits of such a partnership to a business, either service or product. Innovation and responsiveness are some of the main advantages, other than cost savings, of entering an outsourcing partnership.