Purchase Solution

Outsourcing for Profit

Not what you're looking for?

Ask Custom Question

Outsourcing has become a term that means both creative ways to make businesses more profitable and promoting profit over good corporate citizenship. How can companies balance the need to outsource to save money and the negative consequences of outsourcing such as layoff, and how can operations managers help find that balance?

Purchase this Solution
Solution Summary

Word document attached explains why outsourcing can be damaging to society although profitable short-term, with a reference.

Solution Preview

Special Note: Why is Outsourcing Bad - http://bigoutsourcingguide.com/can-you-really-save-money-by.html.

Offshore outsourcing refers to services that a client company contracts from a vendor located abroad. These services often include labor, infrastructure or capital. More often in the last three to five years, offshore outsourcing refers to the information technology work performed for American companies by overseas Information Technology (IT) companies. What began over a decade ago as a cost-effective means to supplement overworked application developers has become a trend that dramatically affects the entire American IT workforce. Some say this trend will have a lasting affect on the American economy as a whole. The main reason many companies are now turning to overseas IT providers is profitability. IT work can be contracted to offshore companies cheaper than paying an IT staff. The practice began with the development of India's technology universities and training infrastructure. The programming skills needed are now ...

Purchase this Solution
Free BrainMass Quizzes
Income Streams

In our ever changing world, developing secondary income streams is becoming more important. This quiz provides a brief overview of income sources.

Business Processes

This quiz is intended to help business students better understand business processes, including those related to manufacturing and marketing. The questions focus on terms used to describe business processes and marketing activities.

Basics of corporate finance

These questions will test you on your knowledge of finance.

Organizational Leadership Quiz

This quiz prepares a person to do well when it comes to studying organizational leadership in their studies.

SWOT

This quiz will test your understanding of the SWOT analysis, including terms, concepts, uses, advantages, and process.

View More Free Quizzes
Related BrainMass Solutions

  • outsourcing of human resources

    Therefore, outsourcing maximizes profit by postively affecting both top lines revenues as well as bottom line profitability.

  • Outsourcing Cost Per Unit

    Net profit per unit: -20000/12000=-1.67 For outsource, (in this case, it is not known the cost for outsourcing). The total profit: 18*8000-200000-5*8000=-96000 Net profit per unit: -96000/8000=-12.

  • Offshore outsourcing

    Offshore outsourcing is good and bad for USA and more companies are using this source to boost profit. Globalization has helped the practice offshore outsourcing in USA and economy.

  • Human Resources and Outsourcing

    Companies profit margins is the main cause of outsourcing. Let's look at Mattel toys.

  • Offshore outsourcing

    Do you see offshore outsourcing as a threat to the American economy or a means to reducing costs as a natural result of our global world? Is Offshore Outsourcing good for the U.S? Offshore Outsourcing is good and bad for the U.S.

  • Question about Maximum profit

    In this situation, you will find that the competing deli can produce more outputs, pay less wage and generate a greater profit than the initial deli. This is the reason behind outsourcing.

  • Outsourcing

    This makes things cheaper for the company, rather than within their actual country it can become quite expensive. The business will increase.

  • Offshore outsourcing and its effects on U. S. economy

    Do you see offshore outsourcing as a threat to the American economy or a means to reducing costs as a natural result of our global world? Is Offshore Outsourcing good for the U.S? Offshore Outsourcing is good and bad for the U.S.

  • Issues and Ethical Concerns Associated with Outsourcing

    Not all companies outsource for these reasons, but cheaper labor, resources, and lax laws can help them make more profit at the expense of all. For better tax rates, companies can often bribe other countries' officials.

View More Related Solutions