Offshoring and Nearshoring
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31. Compare and contrast the strategies of offshoring and nearshoring.
32. Compare and contrast between the extranet and the intranet.
33. Distinguish between software as a service model and platform as a service model.
34. How are firms pursuing a global business strategy different from firms pursing a multidomestic business strategy?
35. Compare and contrast between firms pursuing a global business strategy and a transnational business strategy.
36. Define disruptive innovation and how it leads to the innovator's dilemma.
37. Explain the organizational issues associated with implementing an Enterprise 2.0 strategy, strictly from the perspective of organizational hierarchies, technological inertia, and security concerns.
38. Explain the concept of collective intelligence along with examples.
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Solution Summary
This solution discusses "offshoring" and "nearshoring" in terms of outsourcing and insourcing. The extranet and intranet are explored, along with software as a service model or platform; global business strategy, multidomestic business strategy; plus, disruptive innovation and how it leads to the innovator's dilemma is examined.
Finally, organizational issues associated with implementing an Enterprise 2.0 strategy; organizational hierarchies; technological inertia; security concerns; and the concept of collective intelligence are explained.
Solution Preview
Interestingly all of the terms referenced here are contrasting opposites. You can easily figure out one by knowing the other. For example, number 31 both have the word, 'shoring' and it's either off or near the shore. Keep this in mind as you review this short solution:
31. Compare and contrast the strategies of offshoring and nearshoring.
The strategy of 'off' or 'near' shoring varies according the nature of an organization. In "Offshoring Strategies, Oshri outlines models for accomplishing strategies.
http://mitpress.mit.edu/books/offshoring-strategies
Explore what "type" of business you want to write about, and whether it will be focused on physical products or actual services, such as professional work via information.
Definitions;
- Offshoring: the practice of moving a company's operating base to a foreign country where labour costs are cheaper
http://dictionary.reference.com/browse/offshoring?s=t
- Nearshoring: the practice of moving one's employees or business activities from a distant country back to a country that is nearby:
http://dictionary.reference.com/browse/nearshoring?s=t
Again, the strategy for moving a company off or near shore depends on what type of organization is in question. Internet businesses or service-based professionals need little change, while others, depending on their size and nature require a detailed strategy - especially if employees and vendors are ...
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