The Pros and Cons of Outsourcing

1607 Words4 Pages
bulb-icon

Recommended: Benefits of outsourcing

Outsourcing has been around for many years. In this paper I will discuss some of the history of outsourcing, the goods things about outsourcing, and the bad things about outsourcing. Outsourcing is important because many companies rely on it in order to get many different products and services to their facility on time and in good shape. Outsourcing is a huge part of the business industry today. Any business can be affected by outsourcing. No matter how big or small a business is a business is able to outsource services that they could not do profitable on their own. Outsourcing is shifting all of the costs-accounting costs, including personnel, plus the risk of failure and the responsibility for action-to the third party. In return for assuming costs, the third party benefits by controlling the operation (Coughlan 167). This is the basic definition of what outsourcing is. Outsourcing has been around from the beginning of time. In the movie, ?It Started With the Greeks,? they talk about how the Ionians found out that they could go around the world and find products that people back in their home town would buy. This essentially started the idea of outsourcing since the people who wanted the product was unable to get it but, they were able to have someone else do it for them. Once people knew that they could get anything that they wanted from around the world it lead into consumerism. So once someone got the idea to start and do this full time as a job they were able to outsource anything that they wanted. There are many reasons for a company to want to outsource the services or products that they need or want. Six of the biggest reasons for companies to outsource are motivation, specialization, survival of the economically fittest, economies of scale, heavier market coverage, and independence from any single manufacturer. ? Motivation- outside parties have high-powered incentives to do their jobs well because they are independent companies, accepting risk in return for the prospect of rewards. Both positive motivation (profit) and negative motivation (fear of loss) spur the third party to perform. Sales agents, for example are often more willing to prospect for customers. They are more persistent and more inclined to offer a trial close to a negation than are company sales people.

Show More
Related

  • American Foottball: Factors of a Field Goal

    878 Words  | 2 Pages

    First off, when kicking a football, you have to factor in several things. You need to know what the distance is from the spot of the ball to the field goal and what direction you’re kicking the ball. You also have to factor in the direction the wind and how fast the wind is blowing. If the wind is blowing towards the field goal post, it will most likely increase the distance it will travel. If the wind is blowing away from the field goal post, the distance you can make a field goal will decrease.

    Read More

  • Outsourcing in Intercollegiate Athletics

    948 Words  | 2 Pages

    Outsourcing simply means acquiring services from an external organization instead of using internal resources (Butler, 2000). By using outsourced resources, organizations can gain a competitive advantage by utilizing contingent staff to accomplish strategic goals without incurring the fixed overhead. By focusing on the leading edge and highly specialized skill sets, outsourcing providers can often offer higher quality services, or at a lower price than the client organization. Typical reasons for outsourcing go beyond simple contingent staffing. Outsourcing providers are able to maintain economies of scale with regard to specialization (...

    Read More

  • Physics of Baseball

    1477 Words  | 3 Pages

    When one throws a baseball properly they are using there entire body to generate a large force to propel the baseball. A general throwing position starts with a person rotated 90 degrees from there target with there throwing arm 180 degrees from the target and parallel to the ground. The person then starts rotating their body back towards their target while there throwing arm starts bending until it is almost 90 degrees to their elbow, while the arm is bending at the elbow the throwing arm is rotating such that the arm rotates back almost 180 degrees from the target. Meanwhile the person is leaping forward with the leg that was initially pointed at the target while there other leg is planted into the ground. The person is bending at their waist and the other arm is rotating into their body. Around the point where the driving leg strikes the ground the throwing arm is rotating foreword at a tremendous angular speed and the person lets go of the ball. At the point where the ball is let go the persons body pulls the planted leg forward and the throwing arm finishes its motion towards the driving leg.

    Read More

  • Outsourcing: Pros and Cons

    527 Words  | 2 Pages

    Recently outsourcing has been in the news, especially during political election years. It seems to be a phenomenon that is causing much concern among the population. But exactly how is outsourcing effecting both workers and businesses? And is it as big of a problem as politicians describe?

    Read More

  • Outsourcing and the US Labor Market

    1210 Words  | 3 Pages

    In many cases outsourcing has proven to be beneficial for businesses. It can help a business’s management by allowing executives to focus on the core structure of the firm rather than every specific element. Production, manufacturing, or additional servic...

    Read More

  • Physics of Football

    2360 Words  | 5 Pages

    * delivery of a football through the air (pass, punt, kickoff, field goal, extra point)

    Read More

  • Outsourcing Information Security Consultants

    1798 Words  | 4 Pages

    Outsourcing is a technique for companies to reassign specific responsibilities to external entities. There are several motivations for outsourcing including organizational, improvement, cost, and revenue advantages (Ghodeswar & Vaidyanathan, 2008).

    Read More

  • Football vs. Soccer

    780 Words  | 2 Pages

    First of all, the rules of football require one to equip himself with approximately twenty pounds of equipment, including a helmet, shoulder pads, and girdle pads. This is because football has the most contact involved out of all sports. In a football game, the norm is that the home team wears colorful jerseys and the visiting team wears white jerseys. Moreover, if a team’s offense is on the field, their defense is on the sideline. A team’s offense includes a center, who snaps the ball to the quarterback. The “QB” then has a choice to run with the ball, hand it off to a running back, or throw it to a wide receiver. The quarterback has an offensive line to protect him from the assailing defense. If a teammate happens to score a touchdown, he earns his team six points, which allows for the kicker to kick an extra point, and give his team a total of seven points. However, if the offense fails to travel at least ten yards within four attempts, or “downs,” they have the opti...

    Read More

  • Guns Are Best Controlled By Good Aim

    3762 Words  | 8 Pages

    Guns, like many other issues of the day, have two distinct opposing views with many people in the gray area. Even when looking at a tragic situation, people will have two opposite spins on it. For example, a suicidal madman on top of the Empire State Building kills six people including himself with a gun. Gun-control advocates think that outlawing guns would have stopped the killing from ever happening. Pro-gun advocates think that it would have been stopped by innocent people being armed and fighting back. In order for an issue to even be at hand, both sides must agree that there is a problem with guns and gun control. Both gun-control and pro-gun advocates do agree there is a problem, pro-gunners say it is too hard to own a gun and the gun-controllers say it is too easy to get a gun. While using a point-counterpoint style to argue against gun control I will show guns are best controlled by good aim. The government must keep guns out of the hands of violent criminals and the mentally ill, and they must not limit the rest of the society from owning them.

    Read More

  • Income Inequality

    939 Words  | 2 Pages

    Income inequality has affected American citizens ever since the American Dream came to existence. The American Dream is centered around the concept of working hard and earning enough money to support a family, own a home, send children to college, and invest for retirement. Economic gains in income are one of the only possible ways to achieve enough wealth to fulfill the dream. Unfortunately, many people cannot achieve this dream due to low income. Income inequality refers to the uneven distribution of income and wealth between the social classes of American citizens. The United States has often experienced a rise in inequality as the rich become richer and the poor become poorer, increasing the unstable gap between the two classes. The income gap in America has been increasing steadily since the late 1970’s, and has now reached historic highs not seen since the 1920’s (Desilver). UC Berkeley economics professor, Emmanuel Saez conducted extensive research on past and present income inequality statistics and published them in his report “Striking it Richer.” Saez claims that changes in technology, tax policies, labor unions, corporate benefits, and social norms have caused income inequality. He stands to advocate a change in American economic policies that will help close this inequality gap and considers institutional and tax reforms that should be developed to counter it. Although Saez’s provides legitimate causes of income inequality, I highly disagree with the thought of making changes to end income inequality. In any diverse economic environment, income inequality will exist due to the rise of some economically successful people and the further development of factors that push people into poverty. I believe income inequality e...

    Read More

  • To Have Or Have Not

    868 Words  | 2 Pages

    Over the last several years in the United States it has become more and more evident that the gap between the rich and the poor is growing. Not only is the gap growing, but the government is doing very little to stop it. Slowly the poor are being shifted away from the center of wealth and being replaced by the already wealthy. It's a shame how a few people with large cheque books can run the most powerful country in the world, and yet the general public are being redirected to think this problem is a minimal and insignificant issue. The truth is that economic and social inequalities have been growing in the United States at an alarming pace. The inequalities exist because the wealthy want to have more, and the power to obtain more; To do so people must give up their wealth and thus cause the economic gap.

    Read More

  • Football Material Science

    1708 Words  | 4 Pages

    Whenever punting and commencing the ball material science is have to get wanted results. At the point when punting the football the kicker begins with the ball in his grasp.

    Read More

  • Royal Bank of Scotland Case Study

    2080 Words  | 5 Pages

    ...urcing services, the company operation will be became a mess. This is because one organization can’t run a lot of task or project at one time. Therefore an organization need outsourcing in the way to help their organization run smoothly.

    Read More

  • Essay On Income Inequality

    1524 Words  | 4 Pages

    Income inequality continues to increase in today’s world, especially in the United States. Income inequality means the unequal distribution between individuals’ assets, wealth, or income. In the Twilight of the Elites, Christopher Hayes, a liberal journalist, states the inequality gap between the rich and the poor are increasing widening, and there need to have things done - tax the rich, provide better education - in order to shortening the inequality gap. America is a meritocratic country, which means that everybody has equal opportunity to be successful regardless of their class privileges or wealth. However, equality of opportunity does not equal equality of outcomes. People are having more opportunities to find a better job, but their incomes are a lot less compared to the top ten percent rich people. In this way, the poor people will never climb up the ladder to high status and become millionaires. Therefore, the government needs to increase all the tax rates on rich people in order to reduce income inequality.

    Read More

  • Physics is Everywhere Essay

    2445 Words  | 5 Pages

    What effect does altitude have on the flight of a kicked ball? How do Newton's laws of motion apply to blocking and tackling? What does the science of physics tell me about the best possible chase strategies for defensive backs? To get even simpler, when you throw a football across the yard to a friend, you are using physics. You make adjustments for all the factors, such as distance, wind and the weight of the ball. The farther away your friend is, the harder you have to throw the ball, or the steeper the angle of your throw. This adjustment is done in your head, and even with a soft grip of physics I have from one quarter with Dr. Mike Grams, I can tell you that these factors relate to physics.

    Read More

More about The Pros and Cons of Outsourcing

Open Document