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Outsourcing Essay

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Below is an essay on "Outsourcing" from Anti Essays, your source for research papers, essays, and term paper examples.

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Running head: Change Management

      CHANGE MANAGEMENT: OUTSOURCING
      Darrius Garrison
      HR587
      Dr, Jewell
      8/18/10

      Outline
      Introduction
      Definition of outsourcing
      Reasons to Outsource: Its Advantages and Disadvantages
      Other Advantages
      Disadvantages of Outsourcing
      Crisis due to outsourcing
      Case study: Wal-Mart and Foreign Sourcing (Off Shoring) Pressure
      New field of outsourcing: Learning Function Outsourcing
      China and India
      What happens to corporate culture?
      Conclusion

      Introduction
      In the context of globalization and global economy, change management becomes evident when we find that companies are overlooking the global parameters of a business where change is constant. In the context of this change, outsourcing is global strategic alliance that fosters a winning international strategy.   For lower prices combined with quality will generally increase the company‚Äôs clients. To achieve lower selling prices, one marketing strategy is to produce these goods or buy imported materials from an outsourcing company in India, China, Taiwan and other countries. This is called value retailing.
      Outsourcing literally gives a big edge against competitors in the current tough and aggressive business world. Phenomenally, outsourcing of raw materials to third world countries has increased because the labor cost in these Asian countries are cheaper than local workers in the United States. Definitely, cost structures, internal processes, and ways of working between the outsourced supplier of goods and services, and the American purchasers of goods and services are very crucial factors that will make company profits skyrocket way above the competitors. Examples of outsourcing are call-center jobs, accounting jobs etc. Also, some companies buy the raw materials needed to make a new product from third world countries in order to reduce manufacturing...

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