Reference no: EM133171615
As a manager of an organization, you will often need to find ways to cut costs. One way to cut costs is to outsource by hiring another organization to perform the service. Consider the following scenario:As a manager for the public outreach department, you realize that the current system for managing outreach issues is outdated. You would like to have a new outreach system developed using the Cloudera platform to help manage 'big data.' However, no one in the organization has the expertise. You will have to outsource the project to save on costs and avoid management problems. Two companies have sent in a bid, one from Vancouver, Canada and one from Mumbai, India. The bid from India was slightly lower than the bid from Canada. Compose a response that includes the following elements:
Define what is meant by outsourcing.
Explain how Peter Drucker's statement about how one company's back room is another company's front room pertains to outsourcing. Use an example.
Summarize the management advantages, cost reduction, and risk reduction of outsourcing.
Summarize the outsourcing risks concerning control, long-term costs, and exit strategy.
Discuss which company you would outsource to and why. Does distance matter?
Exercising a voice for social justice
: This question is related to the 2022 Beijing Winter Olympics and is about Media and Public Relations.
|
Job description and job evaluation
: Create a job description and a performance evaluation document that can be used in identifying a position within an organization
|
Make a schedule to translate Subsidiary financial statements
: Make a schedule to translate Subsidiary's financial statements on 31/12/2021 to U.S. dollars using current rate method
|
Determine the FMV of the consideration package
: The ACE of the land was $150,000 and the FMV was $400,000. The elected amount was $150,000. Determine the FMV of the consideration package
|
Cost reduction and risk reduction of outsourcing
: Summarize the management advantages, cost reduction, and risk reduction of outsourcing. Summarize the outsourcing risks concerning control, long-term costs,
|
What amount should be reported as lease income
: Assume the same information except that the lease commences on April 1, 2022. What amount should be reported as lease income for 2022
|
Discuss the magnitude of three health care problems
: You have been asked to describe three problems in health care as a data technologist at Mi Amore Medical Center and how big data and health care analytics can h
|
Prepare the entry to record the sales transactions
: On April 10, the register totals are sales $33,500 and sales taxes $1,675. Prepare the entry to record the sales transactions
|
Information system-management-development
: Identify a skill or knowledge that you learned in information system/management/development,
|