STRATEGIC HOSPITALITY MANAGEMENT MODULE PERIOD: 2 / 2013 - 2014 WEEKLY REPORT Theory Report Introduction This report discusses the theory of four strategy lenses described in the book “Exploring strategy” in chapter 1. Next to the descriptions‚ realistic hospitality related work examples are provided in chapter 2 to clarify the importance of these strategy lenses using the three angles of lens. Chapter 3 clarifies the work context of the establishment ‘Marriot’s Surf
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Hi everyone posting this new and fresh article on Outsourcing. What is Outsourcing? Outsourcing - A company purchases a product or process from an outside supplier rather than producing it in house. Outsourcing is subcontracting a service‚ such as product design or manufacturing‚ to a third-party company. Outsourcing became part of the business lexicon during the 1980s. Note - Subcontracting - A company contracts an outside supplier to produce a product or process to the company specifications
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Is Outsourcing a Wise Corporate Strategy? YES: BusinessWeek‚ from “The Future of Outsourcing‚” Business- Week Special Report: Outsourcing ( January 30‚ 2006)‚ http://www .businessweek.com/magazine/content/06_05/b3969401.htm NO: Ephraim Schwartz‚ from “Painful Lessons from IT Outsourcing Gone Bad‚” InfoWorld.com (August 25‚ 2008)‚ http://www.infoworld .com/d/adventures-in-it/painful-lessons-it-outsourcing-gone-bad-032 ISSUE SUMMARY YES: BusinessWeek writers argue that outsourcing is likely
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Direct Measurement of Global Value Chains: Collecting Product- and Firm-Level Statistics on Value Added and Business Function Outsourcing and Offshoring Timothy J. Sturgeon‚ MIT* Peter Bøegh Nielsen‚ Statistics Denmark Greg Linden‚ UC Berkeley Gary Gereffi‚ Duke University Clair Brown‚ UC Berkeley Final Draft: April 2‚ 2012 Forthcoming as Chapter 9 in the World Bank volume: The Fragmentation of Global Production and Trade in Value-Added - Developing New Measures of Cross Border Trade‚ based om a
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Outsourcing is weakening the nation’s job-creation engine‚ and leaving thousands of newly unemployed workers here in the United States in search of work. With the number of companies outsourcing jobs continually increasing‚ it becomes a much larger issue for the U.S. workforce to find a job when so many are being outsourced overseas. Unfortunately this trend is likely to continue to cause serious harm in the United States if it continues to go unmonitored. Foreign and American governments have contributed
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Outsourcing and Offshoring Mr. Cronkite Offshoring is a kind of outsourcing. Offshoring merely means having the outsourced business functions done in another country. Frequently‚ work is offshored in order to reduce labor expenses. Other times‚ the reasons for offshoring are strategic to enter new markets‚ to tap talent currently unavailable domestically or to overcome regulations that prevent specific activities domestically. The term is in use in several distinct but closely related ways
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Secure Outsourcing - Expenses Register Parnership proposal 08/03/2014 Partnership formed 11 /03/2014 INV. NO. 1 2 3 4 5 6 7 8 9 10 11 12 13 DATE 27-Mar 27-Mar 26-Mar 11-Apr 10-Apr 6-Apr 7-Apr 14-Apr 15-Apr 19-May 30-May 17-Jun 17-Jun 16-Jul 24-Jul 31-Jul 25-Aug 17-Sep 25-Aug 30-Sep 16-Oct 17-Nov 2-Dec Description Business Reg Fee Domain Reg fee P.O Box Charges- Nufail Laptop Computer HDMI Cable and Adaptor Buiness cards & Brochure Mob Phone Train Travel - ACU meeting Admin Fee Admin Fee +
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Outsourcing theory International business theorists have long been fascinated by the way in which companies opt for internalization solutions‚ in which in-house units take responsibility for most value chain operations‚ versus externalization approaches‚ in which most value chain work is outsourced. Some view this arbitrage in national‚ macro-level terms‚ one example being a recent study showing that MNEs headquartered in mid-sized countries with an abundance of skilled labour tend to prefer outsourcing
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3) Airfreight 4) Waterways 5) Pipelines Question 2) What are the complications of having four supply chains? For goods and services obtained from resources outside the company‚ they need to determine the supply-chain strategy. In the case of Darden’s Restaurant‚ they use four supply chain‚ so they get into Few Suppliers. Doing strategy with many suppliers suggest that rather than looking in the short term in order to lower costs‚ it’s better to establish long-term relationships with
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Outsourcing: Is It Ethical? Outsourcing has become a very hot topic in our country over the last few years. Many Americans view this topic as very controversial and unethical. Outsourcing is also known as the offshoring of American jobs. These jobs are being sent to foreign countries all over the world. Under George Bush’s administration the American economy lost 1.6 million jobs. Outsourcing to other countries is not limited to one business sector or profession; almost all professions are
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