Activities, whether conducted by a single-person born global or a world-spanning multinational enterprise, typically involve some sort of offshore project-- essentially, the act of going global involves activities conducted abroad, and activities typically imply some sort of project is taking place cross-nationally. Naturally, we tend to think of the people working abroad as the focus of analysis. But, it’s helpful to keep in mind that there are people in a home-country office, say in Newark, with W.L. Gore and Associates, or Christiana, with J.P. Morgan Chase, or in Wilmington, with CSC, who are also directly involved on a day-to-day basis in international business activity. So, even though they are living in their home market and quite possibly never move, live, and work in a foreign country, they are in positions that involves interaction with colleagues and customers worldwide. If in this position, as this infographic reports, it is helpful to know various aspects of your offshore team. Understanding their competencies and capabilities enables you to better leverage the potential benefits of cross national collaboration. From the following set, please identify the top two motivations that lead companies to offshore tasks and projects. A) It solves capacity issues B) It enhances service quality C) It’s critical to business needs D) It enables focusing on core business functions E) It improves cost-efficiencies

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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Activities, whether conducted by a single-person born global or a world-spanning multinational enterprise, typically involve some sort of offshore project-- essentially, the act of going global involves activities conducted abroad, and activities typically imply some sort of project is taking place cross-nationally.

Naturally, we tend to think of the people working abroad as the focus of analysis. But, it’s helpful to keep in mind that there are people in a home-country office, say in Newark, with W.L. Gore and Associates, or Christiana, with J.P. Morgan Chase, or in Wilmington, with CSC, who are also directly involved on a day-to-day basis in international business activity. So, even though they are living in their home market and quite possibly never move, live, and work in a foreign country, they are in positions that involves interaction with colleagues and customers worldwide.

If in this position, as this infographic reports, it is helpful to know various aspects of your offshore team. Understanding their competencies and capabilities enables you to better leverage the potential benefits of cross national collaboration.

From the following set, please identify the top two motivations that lead companies to offshore tasks and projects.

A) It solves capacity issues

B) It enhances service quality

C) It’s critical to business needs

D) It enables focusing on core business functions

E) It improves cost-efficiencies