Busn 410/ 7 Assignment, business and finance homework help

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Business Finance

Description

Assignment Instructions

Learning Objectives

•Apply decision-making techniques.

•Determine factors affecting decision implementation.

•Evaluate resources and actions required for implementation.

•Evaluate ethical implications of a decision.

•Evaluate decision-making outcomes and processes.

Prompt

Develop a business editorial that presents your position on a timely business issue. Support your position with credible references on your topic of interest.

Instructions

Your paper should be written using APA style and include, at minimum, the following:

•A clear statement of the issue

•A thorough discussion of each of the premises

•Credible, supporting evidence for each of the premises

•Response to each of the counterarguments, including evidence

•A strong, logical connection between the premises and the conclusion

•Thorough research and documentation

•Writing that presents a compelling argument

•At least 5 different citations, 3 of which are from the APUS Library

•Approximately 3 to 5 pages

Be certain to carefully research your position using credible sources with proper citations.

Follow APA format

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Explanation & Answer

Attached.

Running head: BUSINESS EDITORIAL

1

Business Editorial
Student’s name
Institution

BUSINESS EDITORIAL

2
Abstract

This paper examines the methods industries use to get their supply of materials and
services needed to run. One of the methods is in sourcing that was the dominant method used by
companies before the industrial revolution. The other method is outsourcing that started to be
used more after the industrial revolution. In the paper, both methods are analyzed based on the
benefits of using each method and also their merits and demerits.
Keywords: outsourcing, insourcing, advantages, disadvantages.
Outsourcing is used by companies to disperse work among different departments or other
firms. In the earlier days when industries were starting out production of goods and services,
almost of all the companies used to manufacture their products from the raw materials to the
final product without outside help. The companies would hire all the professionals they needed
for legal, accounting, operators, managers and others to work in house. The companies would
also make their arrangements to ship and deliver their products to stores in their markets. The
industrial revolution came and changed the old way of conducting business where companies
realized that they could outsource some of their activities. Over time many companies adopted
the...


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