Reference no: EM132925706

Question -

A. Outsourcing and Offshoring have been hot topics in the past. Many companies are now selectively reversing the long-term trend of outsourcing. The "de-verticalizing" outsourcing process - when a company sent many of its functions between raw materials and the finished product to third parties - is now being partially reversed with "re-verticalization." In your opinion, what are the pros and cons of outsourcing/offshoring vs. U.S. companies reversing that trend and bringing the jobs back in the US? Discuss tax issues, international transactions, as well as non-financial issues.

B. Managers continually plan and control operations within organizations. Planning involves establishing goals and communicating these goals to employees of the organization. The control function assesses whether goals were achieved and is often used to evaluate the performance of employees, departments, and the organization as a whole. Why is it important for an organization to make and use a budget (or financial plan)?