1 / 2

OUTSOURCING/OFFSHORING

OUTSOURCING/OFFSHORING. OUTSOURCING CONTRACTING WORK OUT TO AN EXTERNAL ORGANIZATION ALLOWS COMPANY TO FOCUS ON CORE COMPETENCIES PROVIDES ACCESS TO GREATER EXPERTISE PROVIDES FLEXIBILITY TO LABOR FORCE OFFSHORING CONTRACTING WORK OUT TO BE PERFORMED IN A FOREIGN COUNTRY

liza
Download Presentation

OUTSOURCING/OFFSHORING

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. OUTSOURCING/OFFSHORING • OUTSOURCING • CONTRACTING WORK OUT TO AN EXTERNAL ORGANIZATION • ALLOWS COMPANY TO FOCUS ON CORE COMPETENCIES • PROVIDES ACCESS TO GREATER EXPERTISE • PROVIDES FLEXIBILITY TO LABOR FORCE • OFFSHORING • CONTRACTING WORK OUT TO BE PERFORMED IN A FOREIGN COUNTRY • TAKES ADVANTAGE OF LOWER WAGE RATES AND SKILL LEVELS IN OTHER COUNTRIES • FACILITATED BY DEVELOPMENT IN SHIPPING AND TELECOMMUNICATIONS TECHNOLOGY • MUST ADDRESS ETHICAL ISSUES

  2. ETHICS • PONZI SCHEME—FUNDS FROM NEW INVESTORS ARE USED TO PAY RETURNS TO EXISTING INVESTORS, UNDER PRETEXT THAT THOSE RETURNS ARE INVESTMENT EARNINGS • INSIDER TRADING—WHEN ONE ACTS ON SPECIFIC INFORMATION THAT HAS NOT BEEN MADE PUBLIC YET, PROVIDING AN UNFAIR ADVANTAGE • UNETHICAL VS. ILLEGAL

More Related