What are the risks and benefits of the outsourcing approach

Assignment Help Operation Management
Reference no: EM131113454

Discussion-Outsourcing: A Strategic Advantage?

Outsourcing may provide tremendous advantages for firms. It may allow companies to specialize, reduce costs, and focus narrowly on the core competencies they deem strategic; however, companies also have to think about what they may lose both qualitatively and quantitatively. For example, when outsourcing, managers need to be certain that what they source from outside is not a key component of their value proposition.

A way to reduce those risks is to use an approach called vertical integration. The meaning of vertical integration is developing the ability to produce goods or services previously purchased or to actually buy a supplier or a distributor. It can take two forms: backward and forward. These forms relate to how the corporation moves in its supply chain to pursue the vertical integration. If the movement is towards the suppliers, it is called backward integration. Conversely, it is known as forward integration.

Using the module readings, Argosy University online library resources, and the Internet, research outsourcing. Based on your research, respond to the following:

What are the risks and benefits of the outsourcing approach?

What are the strategic advantages of outsourcing to vertically integrated firms?

Write your initial response in 300-500 words. Your response should be thorough and address all components of the discussion question in detail, include citations of all sources, where needed, according to the APA Style, and demonstrate accurate spelling, grammar, and punctuation.

Make sure your writing is clear, concise, and organized;
demonstrates ethical scholarship in accurate representation and attribution of sources; and
displays accurate spelling, grammar, and punctuation.

Writing and Formatting Standards

Research Based Papers (assignments where the focus is on a review of the literature)

- written in the third person
- should use current academic sources as the basis of the review
- need in text citations for any paraphrases
- all sources cited in the reference section needs to have an in text citation in the body of the text
- need quotation marks and in text citations for all quoted materials
- quoted material should be used to support student's writing and should be less than 10% of the paper
- 1 inch margins on all four sides
- Double spaced throughout the paper
- Times New Roman 12 point font
- title page per APA standards
- reference page per APA standards
- include page numbers

Reflection Papers (assignments where the focus is reflections on concepts)

- must follow the items in the research paper above, but can be written in the first person
- the reflection should be clearly communicated and should include current academic
literature for support

Case Studies (assignments where the focus is applying concepts to a case)

- must follow the items in the research paper above, but can be written in the first person
- the case analysis should be clearly communicated and should include current academic literature for support

Discussion Posts (assignment where the students discuss concepts)

- can be written in the first person
- do not need a title page
- should be written in the textbox and not uploaded as an attachment
- need in text citations for any paraphrasing
- need quotations and in text citations for quoted materials
- need a reference section at the end of the post

Writing Standards

- Writing is clear, coherent, and, fluid. Writing also is recursive in that it links ideas back to previously mentioned ideas. Writing also contains appropriate, consistent transitions between paragraphs and ideas help reader see the relationship between ideas.

- Paragraphs are well developed and appropriate: there are strong topic sentences, clear ideas that naturally lead reader through the writing.

The written piece is structured in a logical fashion that supports the presentation of complex content, including in the introduction and conclusion.

- Writing style is concise, engaging, insightful, and focused. It has clarity, depth, coherence, which strongly support the purpose of the writing.

- Rhetoric reflects a clear understanding of and directly appeals to audience by using appropriate terminology and background knowledge of the audience.

- Writing is basically error free in terms of mechanics. Grammar and mechanics help establish a sound scholarly argument and aid the reader in following the writer's logic.

- The discussion demonstrates a clear and scholarly understanding of subject matter. Information is discussed with clear and accurate definitions of unfamiliar terms and is thoroughly evaluated from all possible perspectives.

- References from article are used in an effective way to fully support the authenticity of the argument.

- Conclusions clearly& accurately reflect & evaluate multiple perspectives of an issue, while taking a clear stance. Any evidence that may be contradictory to expected outcomes is used to present a thorough evaluation of the issue.

- All written work should be proof read and checked for spelling and grammar errors.

Other APA and Style Considerations

- When writing an introduction, some approaches are best avoided. Avoid starting sentences with "The purpose of this essay is . . ." or "In this essay I will . . ." or any similar flat announcement of your intention or topic. The introduction provides an opportunity to capture the reader's attention with a "hook." It also indicates what the paper will be about and how you will approach the topic.

- Avoid starting a sentence with a numeral. Either write the numeral out, or rewrite the sentence with a different word first.

- Use figures for numbers 10 and above.

- Use words for numbers zero through nine.

- Use bold and centering for first-level headings, and put second-level headings in bold (with no italics) at the left margin. Capitalize all major words in both headings.

- Delete "Introduction" as a heading. First paragraph must speak for itself and be your introduction.

- Indent the first line of each paragraph five to seven spaces (1/2 inch).

- Capitalize all major words of titles and headings.

- Use first, second, third instead of firstly, secondly, etc.

- Beware of overly long or overly short paragraphs. Eliminate one-sentence paragraphs. An effective paragraph develops one central idea.

- Space between each paragraph should be one double space.

- Use commas before quotations that start with words "said" or "stated." For example, Smith said, "It is over." However, do not use commas when merging quotations into your own sentence. For example, Smith told us to "go home and rest."

- Direct quotations greater than 40 words must be blocked and indented. Block quotations do not have quotation marks (except those already included in the source material).

- Use italics for book and journal titles.

- Always start your references on a new page.

- Use bullets in moderation for academic writing. You can use seriation within a paragraph or sentence or as a numbered list.

Reference no: EM131113454

Questions Cloud

Who economy are we helping when we send job overseas : Who's economy are we helping when we send job overseas?" There are so many aspects to this question, not the least of which is that many of the jobs we've sent overseas are low-skilled jobs that American don't want to do or are better done (for vario..
What remedies does he have for the faulty heater : Steve is renting a property from Billy. One evening Steve tripped and fell down the stairs. The issue is that one of the stairs in the common area was faulty. Billy knew about the stair, but he had never got around to fixing it. What remedies doe..
Relationship a partnership for a term : 1. Was this relationship a partnership for a term or a partnership at will? 2. Did Manny have the authority to hire additional laborers to work at the ranch after his injury? Why or why not?
Country has financial account surplus if the balance : A country has a financial account surplus if the balance on the:
What are the risks and benefits of the outsourcing approach : What are the risks and benefits of the outsourcing approach? What are the strategic advantages of outsourcing to vertically integrated firms?
Marketing communications or product offers : Explain how the information gathered about customers can be used to adjust marketing communications or product offers. Consider how mobile marketing can be used as a part of the IMC program.
Determine the resultant mmf : A two-pole, three-phase synchronous generator has a balanced three-phase winding with 15 turns per phase. If the three-phase currents are given by ia = 100 cos 377t, ib = 100 cos(377t - 120°), and ic = 100 cos(377t - 240°)
How do you think they will affect your dependent variable : Why you have chosen to investigate these two independent variables? How do you think they will affect your dependent variable?
Employee regarding the essential requirements : Select a company and interview an employee regarding the essential requirements for total quality management (TQM). Be sure to identify the company by name if possible. If not, identify the company by industry sector (e.g., heavy equipment manufac..

Reviews

Write a Review

Operation Management Questions & Answers

  Explain the innovative process that must take place

explain the innovative process that must take place for successful integration of innovation. Recommend how an industry leader should search, select, implement, acquire, execute, launch, and sustain an innovative offering that is appropriate for t..

  Failure resulted from that fact that its founders

The What Wrong feature in Chapter 2 focuses on Everpix, a company that enabled users to organize and store photos online in an innovative manner. Regrettably, Everpix failed. According to the feature, Everpix's failure resulted from that fact that it..

  Write down your personal and professional reasons for

post a 150- to 300-word response to the following discussion question what are your personal and professional reasons

  Compare and contrast the two metaphors

Compare and contrast the two metaphors that you have chosen. How are they similar? How are they different? How might being able to switch between the metaphors help you be a more effective leader and enhance organizational behavior?

  List the types of potential segmenting dimensions

List the types of potential segmenting dimensions and explain which you would try to apply first, second and third in a particular situation. If the nature of the situation would affect your answer, explain how.

  How many observations should a time study analyst plan

How many observations should a time study analyst plan for in an operation that has a standard deviation of 1.5 minutes per piece if the goal is to estimate the mean time per piece to within .4 minute with a confidence of 95.5 percent?

  How important are the product design and the voice

How important are the product design and the voice of the customer?

  Justin has taken the company to the moon

Jurden WIndows Inc. hired JUstin, a new sales VP, two years ago. Justin is 51. In the words of the company CEO, Justin has "taken the company to the moon." He has used his contacts in the industry to cherry-pick the best salespersons and to put toget..

  What is the maximum end-of-period inventory experienced

At that production rate, what is the maximum end-of-period inventory experienced at some time during the six months? What would be the cost of a level production plan?

  Compare and contrast the roles played by politics and power

Compare and contrast the roles played by politics and power in this case. Discuss how these play out in relation to Jim McGee, George Phalen, Ben short, and Dick Faraday. What power styles did each exhibit in the case?

  Diligently assess-pursue intellectual property protection

Explain the assertion that businesses can lose rights if they do not diligently assess and pursue intellectual property protection.

  What are some of the various opportunities

What are some of the various opportunities that automation has afforded, such as: telecommuting; remote work arrangements; teleconferencing; web based training etc.? What you see as a positive aspect and what you see as a negative aspect, or obsta..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd