Analyse the Importance of Information and Communication Technologies in the Process of International Outsourcing.

Outsourcing has become an integral part of many organizations today. Outsourcing has its advantages and disadvantages that organizations will have to weigh to decide whether or not outsourcing is the best possible solution to their current problems and business operations. Outsourcing refers to the process of hiring external provider to operate on a business or organization function (Venture Outsource, 2012). In this case, two organizations or businesses enter a contract where there will be an exchange of services and payments. This paper will discuss the possible risks an organization may encounter in outsourcing in relation to the use of an external service

The IT Service industry has expanded rapidly. Many companies worldwide have made the decision to outsource this industry to offshore companies. Worldwide demand has increased growth to 40 to 50 percent on an annual compounded rate basis. Many developing nations like Latin America and Asia have made an attempt to obtain some of the IT offshoring business from countries like the United States because it is seen as not only a source for

In general, the outsourcing is hiring the foreign workers/company to do a particular task, as opposed to hiring domestic workers/company. Besides the outsourcing, the international purchase is an essential activity of companies. In the trend of a booming global economy, a company only focuses on its core value and hire suppliers to supply the necessary product and service. The relationship between companies are complicated and interdependent.

Outsourcing to a company in China gives the advantage of having business ties to China’s finical

The United States of America is known as the most popular outsourcing country currently. The country's demand for outsourced services from a third party has increased vitally and the U.S. has been outsourcing its business through most of the Asian countries as a result of which, there have been a lot of debates regarding outsourcing in the U.S. recently. Organizations claim

one are the days when companies looked at China as a monolithic land of 1 billion potential customers. Companies are now focusing on how to capture small segments of China’s giant market, and none of these segments is as attractive or as full of potential as the country’s rapidly growing—and multifaceted—middle class. As China’s economy continues to grow, more people will migrate to China’s booming metropolises to find better-paying jobs. These working consumers, once among the country’s poorest, will steadily climb

According to the Ministry of Industry, data shows that in 2008 China's software and information services outsourcing industry scale reached 156.77 billion yuan, up 41.2%;

The Pharaoh demanded that all the Hebrew baby boys be put to death (thrown in the Nile). I think the person telling this story is possibly Moses's sister because it explains that “his sister stood at a distance, to see what would happen to him”. This is how she could tell the story because I feel as if she was always keeping an eye on him. In the story, Moses is found by the Pharaoh’s daughter, who decided to find him a nurse and keep him as her own (her son) when she grew up. I feel like the Pharaoh would find out that Moses is not her child and be killed. I think the purpose of this story is to show hope and love even in the worst of times.

In 1839, Edgar Allan Poe wrote “The Fall of the House of Usher”, a tale of sickness, madness, incest and the danger of unrestrained creativity. This story is one of Poe’s most popular and critically-observed horror stories ever written. In the story, the house of the Ushers was very olden and decaying as it was filled with ragged furniture and embroideries. It was set in a gloomy atmosphere which represented Roderick and Madeline Usher, who were believed to be sickly twin occupants of the house. The house appears to be filled with classical gothic elements and numerous paintings with the color red. Also, the narrator observes a crack in the mansion that could possibly represent a disruption in the unity of the family. Despite the gothic works of the house, the story does have a psychological element and ambivalent symbolism that has caught many readers attention.

However, the contracting of non-governmental workers allows agencies to adapt to the rapid changes in technology because many times contractors are certified and experienced knowledge workers and have the expertise to deploy the latest technical innovations (Chen and Soliman, 2002). For this reason the outsourcing of technical and complex tasks to contractors have become increasingly popular across both private and public organizations (Slaughter and Ang, 1996). Some of the emerging trends in outsourcing includes domestic verses offshore outsourcing. Domestic outsourcing is a perception of the local jobs in a country which is best for the local economy. It has rural outsourcing which makes rural parts carry out functions in a competitive basis rate as compared to other service providers from other countries. Offshore outsourcing is as a result of its spread to many countries and is brought forth by change in prices. Another trend is security issues whose major concern is the security questions on the sensitiveness of information that is accessed by outsiders of the firm. It has been a key concern and still remains as there have been reports of fraud and theft of assets which is a limiting factor to the growth of outsourcing locally and internationally.

Offshoring attracts much more criticism when it comes to outsourcing. When a business considers leveraging offshore outsourcing in order to gain a competitive advantage there are a few definitive reasons. Many of those reasons revolve around an inability to hire domestic labor for the required job as mentioned above. The U.S. has high living standards along with strict health regulations that don’t exist abroad. China’s lack of environmental standards is another differentiating factor that gives their workforce a competitive advantage. As a result, China is able to keep their wages so low that it’s ultimately incomprehensible for business owners to justify not hiring there.

By 1984, they were producing more than $1 million worth of rice and a range of side products, including rice wine. Their residential earning was up to about $200 a year. (Prager 52 ) This meant that they could begin replacing their mud-and-straw hats with solid brick houses. Shanghai today is a vast construction site with more than 20,000 projects, with 27,000 companies building bridges, tunnels, flyovers, ring roads, hotels, villas, golf courses and also public housing. This sparked national growth of about 10% a year.( 53 ) The Chinese now are going home

Outsourcing refers to hiring an outside, independent firm to perform a business function that internal employees might otherwise perform. Many organizations outsource jobs to specialized service companies, which frequently operate abroad. The outsourcing trend stands to continue; the latest wave of outsourcing impacts the information technology field. IT outsourcing includes data center operations, desktop and help desk support, software development, e-commerce outsourcing, software applications services, network operations and disaster recovery.2

Over the last five years the percentage of global Information technology (IT) budgets that have been allocated to IT outsourcing has progressively grown to 23% of total budgets as of the close of the latest calendar year. This continual reliance on IT outsourcing is fueled by not only cost, but also the ability to create new software applications faster, reduce time-to-market by attaining external expertise critical to a new projects quicker, and the ability to keep valuable internal resources focused on the most strategically critical projects (Rosebush, Leavell, Maniam, 2012). IT outsourcing, contrary to widespread public opinion, is not about chasing the lowest cost per labor hour around the world to have programming completed or routine maintenance of applications done (Khan, Niazi, Ahmad, 2011). Best practices in IT outsourcing seek to create a competitive advantage through the alliances with outsourcing partners, while at the same time optimizing overall organizational performance (Ren, Ngai, Cho, 2011). As all outsourcing is inherently filled with risk, any due diligence to create an effective IT outsourcing framework must begin with a thorough definition of risk management guidelines and objectives, followed by the prudent definition of risk trade-offs as captured in the contracts and service level agreements (SLAs) (Wan, Wan, Zhang, 2010). All of these factors must be kept in balance with one another for any enterprise to gain the full

One of the most exhilarating moments of my entire life was my very first time at a roller coaster theme park. Growing up I would always see commercials on television of children and adults alike having a sparkling Colgate smile on their faces and enjoying themselves, so when my family decided we were going to Islands of Adventure for vacation. I was like a child who just received a cookie out of the cookie jar. Even though I was 21 years old at the time, I was extremely trilled. I packed my luggage like a stuff turkey on Thanksgiving Day and I was ready to take on this adventure.