finance term paper

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srvsrvanaanare

Economics

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writer a finance term paper about current ?financial issue of significance to market participants.


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Explanation & Answer

Attached.

Job Outsourcing
Thesis statement: Job outsourcing practice that involves organizations seeking for certain
functions outsides the enterprise that has variant positive and negative implications for the
business and economic environment.
I.

Introduction

II.

Discussion
a. Reasons behind Outsourcing of Jobs by Enterprises
b. Factor to Consider while Making a Contracting Decision
c. Roles of Outsourcing Jobs on an Economy
d. Benefits for Outsourcing Jobs
e. Disadvantages of jobs Outsourcing
f. The Potential Risks for Jobs Outsourcing

III.

Conclusion


Running head: JOBS OUTSOURCING

1

Job Outsourcing
Student’s Name
Institutional Affiliation

JOBS OUTSOURCING

2
Job Outsourcing
Introduction

In the past few years, there has been an increasing pattern of outsourcing jobs by
organizations globally. Bernhardt, Batt, Houseman, and Appelbaum, states that the act of work
outsourcing involves a company contracting a firm or an individual to render essential services,
such as hiring workers on behalf of the company. This is opposed to an institution incorporating
a department within the organizational structure to perform the tasks (2015). Today, both large
and small enterprises are embracing outsourcing services as a way of minimizing the institutional
overhead costs, ensuring that the company obtains exceptional services, for instance, in the
acquisition of a pool of highly qualified and talented workforce, hired through an external firm.
Besides, job outsourcing assists in restraining the payroll, for example, the salaries for employees
working in a unit. Job outsourcing practice that involves organizations seeking for certain
functions outsides the enterprise that has variant positive and negative implications for the
business and economic environment.
Discussion
The momentous growth in the aspect of outsourcing jobs in an organization is contributed
by the increasing need of reducing the overall expenditures in companies in the desire of
heightening the profitability of a company. Competitive advantage is another component that has
promoted to the remarkable development in the aspect of outsourcing certain functions in an
organization (Handwerker & Spletzer, 2015). This is because, over the years, outsourcing has
provided companies with opportunities to secure exceptional services from the contracted
external firms or individuals at a lower cost compared to hiring and maintaining internal
employees to perform the intended tasks within an enterprise. This has promoted to the

JOBS OUTSOURCING

3

economists unanimous agreement that outsourcing of services in a company is the best strategic
techniques focused on promoting business growth and profitability.
Reasons behind Outsourcing of Jobs by Enterprises
Oshri, Kotlarsky, and Willcocks, (2015) depict that there ...


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