IEASSIGNGR06B
INDIAN INSTITUTE OF MANAGEMENT INDORE
INTERNATIONAL ECONOMICS
PAPER ON OFFSHORE OUTSOURCING
Submitted by:
Rimzhim Mathur (2011IPM082)
Satyajit Behera (2011IPM093)
Pranshu Garg (2011IPM070)
Siddharth Mohil (2011IPM106)
Mridul Bhati (2011IPM051)
OFFSHORE OUTSOURCING
“Offshore outsourcing” is comparatively a new research area in international business field. Globalization and accelerated competition as well as ever increasing consumer demand for value have pushed firms to look for new way of value creation through efficient use of limited resources. Offshore outsourcing is one of the way through which the firms try to address the new requirements of the marketplace.
However, there exist lots of divergences among the practitioners, politicians, public in general and researchers on the offshore outsourcing concepts, factors and performances. The lack of strong theoretical development has accelerated the debate on the pertinence of offshore outsourcing. However, offshore outsourcing research is gaining momentum in International Business, Strategic Management and Supply chain management field.
Through this paper we will analyze each and every aspect of offshore outsourcing.
What is Offshore Outsourcing? The idea behind it:
Offshore outsourcing is the practice of hiring an external organization to perform some business functions in a country other than the one where the products or services are actually developed or manufactured. The process can be either completely outsourced or a part of it can be outsourced. For example, a company may manufacture and sell computer parts in the United States yet use offshore outsourcing to handle its customer service and technical support phone lines. The Internet has played a major role in outsourcing to other countries, not only allowing companies to outsource work to other organizations and hire employees that are some distance away, but also making is easier to hire freelance workers
INTERNATIONAL ECONOMICS
PAPER ON OFFSHORE OUTSOURCING
Submitted by:
Rimzhim Mathur (2011IPM082)
Satyajit Behera (2011IPM093)
Pranshu Garg (2011IPM070)
Siddharth Mohil (2011IPM106)
Mridul Bhati (2011IPM051)
OFFSHORE OUTSOURCING
“Offshore outsourcing” is comparatively a new research area in international business field. Globalization and accelerated competition as well as ever increasing consumer demand for value have pushed firms to look for new way of value creation through efficient use of limited resources. Offshore outsourcing is one of the way through which the firms try to address the new requirements of the marketplace.
However, there exist lots of divergences among the practitioners, politicians, public in general and researchers on the offshore outsourcing concepts, factors and performances. The lack of strong theoretical development has accelerated the debate on the pertinence of offshore outsourcing. However, offshore outsourcing research is gaining momentum in International Business, Strategic Management and Supply chain management field.
Through this paper we will analyze each and every aspect of offshore outsourcing.
What is Offshore Outsourcing? The idea behind it:
Offshore outsourcing is the practice of hiring an external organization to perform some business functions in a country other than the one where the products or services are actually developed or manufactured. The process can be either completely outsourced or a part of it can be outsourced. For example, a company may manufacture and sell computer parts in the United States yet use offshore outsourcing to handle its customer service and technical support phone lines. The Internet has played a major role in outsourcing to other countries, not only allowing companies to outsource work to other organizations and hire employees that are some distance away, but also making is easier to hire freelance workers