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Outsourcing: Pros and Cons

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  1. Outsourcing: Pros and Cons Mr. Rush Mr. Farrell Go Muskies

  2. What we will do Today Agenda Objectives Purpose: What are the positives and negatives of Outsourcing? Essential Questions:1) What advantages might a business have from outsourcing? What are some disadvantages?a.If you owned a business, how might you resolve the question of outsourcing or not? How would you respond to your critics? • 1) Complete Asia Outsourcing Comparison Sheet • 2) Evaluate Positives/ Negatives of Outsourcing • 3) Pages- Develop a company with pros/ cons of outsourcing

  3. Essential Questions • What Is Outsourcing? • You start your dream company. • What factors would you consider when deciding whether or not to outsource?

  4. Starting A Business: Would you outsource? • Go to CIA world Factbook Link from wiki • Select United States • What economic factors would you look at when deciding whether or not to outsource? • Browse/ look under economics on • https://www.cia.gov/library/publications/the-world-factbook/

  5. Starting A Business: Would you outsource? • Record the factors for the United States on your chart.

  6. Starting A Business: Would you outsource? • Go to CIA world Factbook Link from wiki • Select A east and Southeast Asia or India • https://www.cia.gov/library/publications/the-world-factbook/ • Browse/ look around- what would be the best fit for your company? 7 minutes

  7. Starting A Business: Would you outsource? • Record the factors for the 3 Asian countries on your chart. (5 minutes)

  8. Starting A Business: Would you outsource? • Would you outsource? Why or Why not? • ___ Record 3 pros and 3 cons from the article you read on Friday. 6 points • _____Give 3 statistics of why you would outsource and 2 statistics of why you would not outsource from cia worldfactbook. 5 points • Post on your wiki today

  9. What we will do Today Agenda Objectives Purpose: What are the positives and negatives of Outsourcing? Essential Questions:1) What advantages might a business have from outsourcing? What are some disadvantages?a.If you owned a business, how might you resolve the question of outsourcing or not? How would you respond to your critics? • 1)What do you know about outsourcing? • 2)Read: Business Week article: Commentary: Outsourcing Jobs: Is it Bad? 3)Create a T-chart- Pros/ Cons of outsourcing • 4)Discussion: The Pros/ Cons of outsourcing

  10. Business Week Article • Read the article • Complete the pdf- save as • Give arguments for and against outrsourcing