Outsourcing Business Functions Samples †MyAssignmenthelp.com

Question: Discuss about the Advantages And Disadvantages Of Outsourcing Business Functions. Answer: I have executed this research program on the topic Advantages and disadvantages of outsourcing business functions in which discussion has been made regarding the role of outsourcing and the advantages and disadvantages of outsourcing business functions. I have gained knowledge of different aspects related to outsourcing business functions. In this dynamic and competitive business environment, there has been a rise in the use of outsourcing for enhancing the effectiveness of the business operations. This research program has discussed the importance of outsourcing and different factors associated with outsourcing. Companies are outsourcing the business functions for focusing on the main or primary functions and conducting their operations in an effective manner. I have developed knowledge regarding the role of outsourcing and its importance for the businesses operating in the dynamic environment. I have collected data with the help of various methods or techniques. Reliable and qualit y information has been collected for enhancing the execution process of the research program (Turkenburg McAuley, 2013). I have gained knowledge of the concept of outsourcing which is an important element for a business. During the execution process of this research program, I have developed knowledge regarding the manner in which a research is executed. Execution of the research needs considering various aspects. This research has enhanced my knowledge and skills which will help me in future for performing the activities. Learning is an integral part of the life of every individual as learning contributes to experience gained by an individual. I have conducted this research with the skills, knowledge, and efforts. This learning which I have gained from the execution of this research has encouraged me to conduct research programs in future appropriately (Sturgeon Gereffi, 2011). This learning has prepared me for better future roles and performing the roles in a better way. I have gained knowledge about outsourcing which has gained much importance in this business environment. I have developed knowledge regarding the role played by outsourcing in enhancing the performance of the business. Different factors have been discussed in this research program which affects the decision of the business for outsourcing of the operations of the business. This learning or experience gained from this research is of great use as it has shaped my knowledge which I will apply to the professional life. I have gathered information about the use of primary and secondary sources of data. This has taught me how to gather quality data for presenting the different aspects of the research in a better manner (Nirmala, 2013). I have executed this research program in a sequence for ensuring that the research is completed within the timeframe as well as in an effective manner. This has helped me in completing this research program for conducting the course properly. This program has discussed the concept of outsourcing and its role in shaping the performance of the business. There are various advantages of using outsourcing to a business along with disadvantages. Knowledge has been developed regarding these advantages and disadvantages which have provided a direction to me for completing the research (Johnston, 2014). This program has been executed in an effective manner for successfully completing the program. For a future career, one must possess knowledge of the important aspects of the business environment. This knowledge which I have gained has helped me in meeting the requirements of the future career. I will apply the skills and knowledge gained while conducting this research for performing the roles assigned to me in the professional life. Knowledge is required as this knowledge will help in making decisions for the challenges faced by the professional life (Crossman, 2017). During the learning process, I have faced few limitations which have affected the research process. For overcoming the limitations faced I have applied various measures. I have conducted this research by dividing the tasks of the research into different activities. These activities are executed one after another for making sure that the research is completed well on time and without any error (Tayauova, 2012). I have gathered quality data as well as analyzed the data for developing knowledge regarding the research topic. I have collected data with the help of different research methods or techniques for ensuring the quality of the research. Different articles, journals and other internet sources for forming the base of this research. I have collected data from primary sources which have developed knowledge regarding the manner in which primary data is collected from the respondents. I will apply this knowledge in the situations which I will face in the future and apply the skills for conducting activities of the future career (Zhou Ren, 2010). This business research has discussed the advantages and disadvantages of outsourcing business functions. The focus of this research was on discussing different aspects related to the research for maintaining the quality of the research. I have gained knowledge that outsourcing has enhanced the performance of the business by concentrating on the important functions of the business in a better way. This business research is an important part of the research learning process as it has contributed towards the development of my knowledge and skills. I have done research for gathering data related to the topic as information is required for the purpose of developing knowledge of the topic. I will use this knowledge gained for performing the actions properly by making the right decision. This business research for formed a base for the further research activities. I will make sure that this knowledge will be applied to the professional life (Sturgeon Gereffi, 2009). I have prepared assignment 1 and assignment 2 for performing the research in a better manner. Different assignments have been conducted in this research for gathering information properly and presenting the information in a reliable manner. Assignment 1 has discussed the literature review section in which quality data has been presented which has been collected with the use of qualitative and quantitative research methods. I have understood that outsourcing has enhanced the productivity of the business, focusing on the core functions of the business, promoting flexibility in the organization and effective utilization of the resources available to the business (Smith, 2012). There are few disadvantages which include an increase in dissatisfaction among the employees, increase in differences among the employees and organization, affects the reputation of the business, lack of control on the activities of the outsourced functions, hidden cost and threat to the confidentiality (Spellman Varrichio, 2012). This research program has played a vital role for the course as for the completion of the research has helped in the successful completion of the research for the attainment of the objectives of the research. Research objectives have been decided so as to form a base for the collection of the quality data. Research scope has discussed the aspects which have been discussed in this research. Research questions have been formulated which has helped in the collection of the quality data related to the research program. Thus, I have gained knowledge of the role of outsourcing and the benefits and challenges associated with the use of outsourcing. I have conducted the research by conducting different activities which have helped in ensuring that the research is conducted within the time limited and with required quality. This knowledge gained in this research will help me in professional life as knowledge of market plays a vital role for a professional. Skills gained will be used for carrying out further research activities. References Crossman, A., 2017, An Overview of Qualitative Research Methods, ThoughtCo. Johnston, M. P., 2014, Secondary Data Analysis: A Method of which the Time Has Come, Qualitative and Quantitative Methods in Libraries, pp. 619 626. Nirmala, Y., 2013, Chapter four: research design, Language in India, vol. 13, no. 2, pp. 102. Smith, A., 2012, The Pros and Cons of Outsourcing, UNLV Theses, Dissertations, Professional Papers, and Capstone. Spellman, J. Varrichio, J., 2012, "Bad Reputation?: The Potential Negative Impact of Outsourcing on the Legal Profession, Hofstra Labor and Employment Law Journal, Vol. 29, Iss. 2, Article 8. Sturgeon, T. Gereffi, G., 2009, Measuring success in the global economy: international trade, industrial upgrading, and business function outsourcing in global value chains,Transnational Corporations, 18(2), pp.135. Sturgeon, T. Gereffi, G., 2011, Measuring Success in the Global Economy: International Trade, Industrial Upgrading, and Business Function Outsourcing in Global Value Chains,Survey of Current Business, 91(2), pp.3359, 6166. Tayauova, G., 2012, Advantages and disadvantages of outsourcing: analysis of outsourcing practices of Kazakhstan banks, Procedia - Social and Behavioral Sciences, pp. 188 195. Turkenburg, J. P. McAuley, K. E., 2013, Data collection and processing, Acta Crystallographica Section D, vol. 69, no. 7, pp. 1193-1194. Zhou, Y. P. Ren, Z. J., 2010, Service Outsourcing, University of Washington.