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Summary Outsourcing especially to low labor cost countries has gro $7.49   Add to cart

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Summary Outsourcing especially to low labor cost countries has gro

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Outsourcing, especially to low labor-cost countries, has grown substantially Analyze the trade-offs between inputs for the productivity improvements. Analyze the advantages and disadvantages of global sourcing versus producing in the U.S.Describe a product or service of a specific low-labor-cost co...

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  • January 1, 2021
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  • 2020/2021
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Outsourcing, especially to low labor-cost countries, has grown substantially Analyze the trade-offs

between inputs for the productivity improvements. Analyze the advantages and disadvantages of

global sourcing versus producing in the U.S.

Describe a product or service of a specific low-labor-cost country as an example.

Include a recommendation of a low-labor-cost country based on inputs, trade-offs, and going global

advantages.

Your paper should be in paragraph form (avoid the use of bullet points) and supported with the concepts

outlined in your text and additional scholarly sources



Submit your three- to four-page paper (not including the title and reference pages). Your paper must be

formatted according to APA style and must cite at least three scholarly sources in addition to the textboo




OUTSOURCING


Outsourcing is the giving out your work of a business process to a third-party on contract basis.

Outsourcing can also involve transferring of employees and assets from one firm to another for a

set period of time. But such transfer is not always involved. Outsourcing can include both

foreign and domestic contracting. It sometimes also includes off shoring or relocating a business

part or process to other country. Financial savings which company gains from lower international

labor rates is the main reason for outsourcing since many a times it becomes more reasonable to

get your work done by some other firm in some developing country since they do same work at

very low cost. For example –USA get its work of software done by Indian firms since they do it

at much cheaper price and maintain the quality as well.


Business process outsourcing (BPO) is a part of outsourcing which involves the contracting of

the operations and responsibilities of a part of business functions or some process of business to

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