Outsourcing - A Business Related Issue
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I need to select a business related issue to research and write a 15 to 20 page paper and with help of one of your TA's I got an idea of Outsourcing business operations to foreign courntries. I have the following questions:
Is the topic too broad?
Do I need to change to topic to be more specific?
Can you forward me any websites or books that can help with the research?
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Solution Summary
The 710 word solution presents three possible approaches to the subject for the outsourcing research paper. In the three approaches, details are included about what type of research might be required as well as suggestions for how to limit or narrow the subject matter, and what type of conclusions might be presented.
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Initial thought said yes, the topic is too broad, but in looking around a little at some internet sources, I think it might be possible to have a very comprehensive paper without addressing particular products/services.
I was surprised to find a good listing of 13 reasons to outsource in Wikipedia. Yes, not usually a good authority but the list was intriguing. This approach would involve researching which countries could provide benefits as listed below. I would envision a paper subdivided into these categories.
Reasons For Outsourcing
Organizations that outsource are seeking to realize benefits or address the following issues: [8][9][10]
? Cost Savings. The lowering of the overall cost of the service to the business. This will involve reducing the scope, defining quality levels, re-pricing, re-negotiation, cost re-structuring. Access to lower cost economies through offshoring called "labor arbitrage" generated by the wage gap between industrialized and developing nations.[11]
? Cost Restructuring. Operating leverage is a measure that compares fixed costs to variable costs outsourcing changes the balance of this ratio by ...
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