Define what is meant by outsourcing

Reference no: EM133433411

Case Study: 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As a manager for the public outreach department, you realize that the current system for managing outreach issues is outdated.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:

Questions:

Define what is meant by outsourcing?

Explain how Peter Drucker's statement (covered in the textbook) 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?

Reference no: EM133433411

Questions Cloud

Describe the roles and responsibilities of those attending : You are all involved in a face-to-face meeting with a new client. Which statements below accurately describe the roles and responsibilities of those attending

What is that standard of engagement expected team members : What happens when in an organization, the Team Manager fails to assign the talent in the group properly?

Discuss how the value of benefits influences employee : Discuss how the value of benefits influences employee behaviour written in the textbook ( eText Program | eText | Richard J. Long & Parbudyal Singh.

What will be the pound-value of the loan : Give your answers below to the nearest penny. a) What will be the pound-value of the loan at the start of the loan period?

Define what is meant by outsourcing : Define what is meant by outsourcing? Explain how Peter Drucker's statement (covered in the textbook) about how one company's back room is another company

Determine the amount and character of the income : Determine the amount and character of the income and expense items that each beneficiary must report for the year, and prepare a Schedule K-1 for Marcus White

What are the corrective actions can the supplier : What are the Corrective actions can the supplier and investor take for the same incident not occur in future in The Volkswagen (VW) diesel emissions?

What advice would you give to a manager at an organization : As an HR expert what advice would you give to a manager at an organization where there are no employee contracts and/or if there are they have expired.

How much cash was paid for operating expenses during 2019 : Prepaid expenses increased $22,000 while accrued liabilities increased $40,000. How much cash was paid for operating expenses during 2019

User Account

All Pages