Bus 401 Mod 3 Case - 1108 Words

TUI University BUS 401 Case Study Module 3 Dr. Yi Ling Abstract Outsourcing occurs when a company either buys products or services from outside sources or sends work to outside contractors versus doing it themselves. There are several advantages and disadvantages to outsourcing to include cost savings, sharing risk and developing better leaders internally. There are also some disadvantages like lack of quality control, loss of some management functions and losing the ability to build well rounded leaders in all aspects of the company. In a country like Iraq, the United States military is outsourcing many occupations in an effort to rebuild the Iraqi economy and eliminate the need for military presence at the same time†¦show more content†¦The second advantage is the shared risks associated with outsourcing. If there are five different companies each producing one piece of an object or item to make a whole item, if something happens to one of the firms like filing for bankruptcy, the entire operation doesn’t suffer, only that o ne piece of the whole product. An example is a financial profile. I have in the Army what is called the Thrift Savings Program, like a civilian 401k. There are five different investment options and I elected to put 30% of my contributions into one fund, 30% in another, and then 40% in yet another. If one of those funds start going south, it is my hope that the other two compensate the first one. The third advantage is being able to outsource work when the need for production rises. Instead of having to hire additional employees to augment the increase in labor, a company will have a set staff and then when the need arises, they will hire out for the additional work to be completed. The fourth advantage to outsourcing is that it can help develop internal staff. As I stated in the advantage above, outsourcing projects help meet performance peaks, but it can also assist in completing projects that are nearing the end of its requirements. What this does is allow the company staff to focus on new initiatives thatShow MoreRelatedComputer Networking: a Top-Down Approach Featuring the Internet, 4th Edition - Solutions to Review Questions and Problems27823 Words   |  112 Pagespolitely cancel the engagement if they have reasonable excuses. 3. A networking program usually has two programs, each running on a different host, communicating with each other. The program that initiates the communication is the client. Typically, the client program requests and receives services from the server program. 4. 1. Dial-up modem over telephone line: residential; 2. DSL over telephone line: residential or small office; 3. Cable to HFC: residential; 4. 100 Mbps switched Etherent: company;Read MoreStephen P. Robbins Timothy A. Judge (2011) Organizational Behaviour 15th Edition New Jersey: Prentice Hall393164 Words   |  1573 Pages658.3—dc23 2011038674 10 9 8 7 6 5 4 3 2 1 ISBN 10: 0-13-283487-1 ISBN 13: 978-0-13-283487-2 Brief Contents Preface xxii 1 2 Introduction 1 What Is Organizational Behavior? 3 The Individual 2 3 4 5 6 7 8 Diversity in Organizations 39 Attitudes and Job Satisfaction 69 Emotions and Moods 97 Personality and Values 131 Perception and Individual Decision Making 165 Motivation Concepts 201 Motivation: From Concepts to Applications 239 3 The Group 9 10 11 12 13 14 15 FoundationsRead More_x000C_Introduction to Statistics and Data Analysis355457 Words   |  1422 Pagespermission to use material from this text or product, submit a request online at http://www.thomsonrights.com. Any additional questions about permissions can be submitted by e-mail to thomsonrights@thomson.com. Printed in the United States of America 1 2 3 4 5 6 7 11 10 09 08 07 ExamView  ® and ExamView Pro  ® are registered trademarks of FSCreations, Inc. Windows is a registered trademark of the Microsoft Corporation used herein under license. Macintosh and Power Macintosh are registered trademarks of AppleRead MoreHsc General Math Textbook with Answers153542 Words   |  615 Pagescylinders and spheres Volume of composite solids 57 Errors in measurement 63 Chapter summary 67 Multiple-choice questions 68 Short-answer questions 69 Algebraic skills and techniques 71 33 33 Chapter 2 2.1 2.2 2.3 2.4 2.5 2.6 2.7 52 Chapter 3 3.1 3.2 3.3 3.4 3.5 3.6 3.7 Substitution and evaluation 71 Adding and subtracting like terms 75 Multiplying and dividing of algebraic terms Equations 84 Solving equations after substitution 91 Changing the subject of the formula 96 Scientific notation