Offshore Outsourcing: Opportunities and Threats

RUNNING HEAD: OFFSHORE OUTSOURCING: OPPORTUNITIES AND THREATS Offshore Outsourcing: Opportunities and Threats by Your Name February 11, 2010 Submitted to: Professors Name Name of University Name of Class Abstract Offshore outsourcing is one of the hot topics influencing the global environment, politically, economically, and socially. While offshore outsourcing is associated with several benefits, these ventures similarly pose some(prenominal) risks. In this incubate, I am going to discuss different factors affecting the offshore outsourcing, including risks involved, the challenges faced by managers in these collaborationism initiatives, and solutions that may aid in overcoming those challenges. Executive Summary The report outlines the preponderant trends of offshore outsourcing in a global perspective. The purpose of the report is to provide members of the Executive Board Committee, Educational Testing armed service with the information essential for considering offshore outsourcing as a strategical decision. It also highlights the risks, challenges, and potential solutions of offshore outsourcing. Despite its widespread public exposure over the years, management of offshore outsourcing projects continues to challenge organizations.

Competitive advantages, such as lower cost, technical knowledge, etc., are key factors to try for external solutions. While offshore outsourcing is associated with several authorised benefits, it also entails number of risk factors. In order to manage outsourcing decision, it is important to have a clear understanding of various risks represent in collaboration initiatives, challenges faced by managers, and solutions that may allow in overcoming some of these issues to succeed in these ventures. Introduction Offshore outsourcing or outsourcing for succinct is the delegation of non-core operations or jobs from internal production at heart a business to an external entity (such as a subcontractor) in a country other than the one where the... If you want to assume a full essay, order it on our website: Orderessay

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