Written on Feb, 18, 2015 by in | Leave a comment

As a result, outsourcing is a practice that will continue to become popular in the world even as globalization takes shape in the 21st century. With the current trends, many other sectors apart from manufacturing and IT service ones are likely to embrace this concept. Since outsourcing is related to increased unemployment in home economies especially in developed nations, a …

Continue Reading...

However, it is not these organizations that will effectively make this decision because they have to keep up with competition (Bachmann and Sebastian 11). When one domestic economy decides to regulate outsourcing, the effects are likely to be adverse to firms operating within since they still have to compete of a global front with other firms who will continue looking …

Continue Reading...
Written on Feb, 12, 2015 by in | Leave a comment

In the 21st century, however, many things have led to increased push for offshoring by organizations that have been previously large employers. One of the main push factors has been the advancement of technological innovations particularly in the areas of customer service and organizational communication. Due to improvements in information flow and efficiency through widespread use of the internet, customer …

Continue Reading...

One of the best strategies is the formation of outsourcing policies for different industries. In the case of IT services sector, the formation of an offshoring oversight committee is the best way to go. This committee has to provide the needed checks and balances in outsourcing so that organizations do not overexploit the opportunities they are accorded as a result …

Continue Reading...
Written on Feb, 06, 2015 by in | Leave a comment

The gains made through globalization are numerous and have been good for economies in the long run. In the spirit of embracing change, it is usually important to adjust to changes rather than resisting them. This is exactly what organizations have done through offshoring and restructuring. However, the employment of locals cannot be overlooked in the process of adapting to …

Continue Reading...

It is, therefore, realistic that a coping strategy be developed to help protect domestic economies from escalating unemployment rates. Globalization comprises interaction and integration compared to other companies, nations and people from distinctive countries. Globalization is pushed by opportunities and world wide commerce where i . t is integrated due to the fact contributive step to commerce all through the …

Continue Reading...