Economy department Iana Kuznietsova Outsourcing Dilemma: Advantages of a Choice.

Slides:

Advertisements

Similar presentations

How Businesses Are Organized

Advertisements

©2013 Cengage Learning. All Rights Reserved. Business Management, 13e Managing the Form of Business Ownership Entrepreneurs and Proprietorships.

Principles of Business, Marketing, and Finance Forms of Business Ownership Copyright © Texas Education Agency, All rights reserved.

Human Resource Management

Lecture 10 Human Resources Looking after the human side of the business. It is the set of activities that must be done to acquire.

Forms of Business Organizations. Essential Question Why do American’s start their own businesses? Desire for Independence Desire for Money Desire for.

Types of Business Organizations Econ 3 11/16/09. Sole Proprietorship A business run by one person A business run by one person Smallest type of business.

Chapter 3: Business Organizations

Recruiting in Labor Markets Chapter 6 6–2 Strategic Recruiting Decisions Sample Sample Organization-Based vs. Outsourced Recruiting Recruiting Presence.

Lecture 9. The organizational structure of management of enterprise.

Joint Forum of Financial Market Regulators Forum conjoint des autorités de réglementation du marché financier Guidelines for Capital Accumulation Plans.

To start a new business, buy an existing business, or buy a Franchise

Notebook # 8 Economics 3-1 Three Forms of Business Organization.

Economic security of enterprise.. By economic security of the enterprise (ESE) we mean the state of protection of it’s vital interests from internal and.

“Management of financial resources in modern Russia as an example of “Valere” Ltd.” This project has been carried out by the fourth-year student of the.

Advantages & Disadvantages of Outsourcing author Alberto Caramanica.

1 Internal Audit. 2 Definition Is an independent activity established by management to examine and evaluate the organization’s risk management processes.

Copyright ©2012 Pearson Education Chapter 14 Structure and Organizational Behavior 14-1 Essentials of Organizational Behavior, 11/e Stephen P. Robbins.

Business Driven Technology Unit 5 Transforming Organizations Copyright © 2013 by The McGraw-Hill Companies, Inc. All rights reserved.McGraw-Hill/Irwin.

Outsourcing in the 21st Century CHAPTER 19 Copyright © 2013 by The McGraw-Hill Companies, Inc. All rights reserved. McGraw-Hill/Irwin.

Major Forms of Business Organization. Sole Proprietorship Business Owned by One Person.

Organizational Behavior BUS-542 Instructor: Erlan Bakiev, Ph.D. 1-1.

SOLE PROPRITORSHIP Business that is organized by one single owner. Positives Easiest type to organize Owner has the power to make decisions Profit does.

Finance in Education Chapter 13. The School Accounting System Efficiency and in school financial practice require a sound system of accounting for income.

Agribusiness Library LESSON L060007: PARTNERSHIPS.

Business Organization. Sole Proprietorship The sole proprietorship is the simplest business form under which one can operate a business. The sole proprietorship.

ALSARHANI YAHYA 1 ACCOUNTING PRINCIPLES. CHAPTER (1) ACCOUNTING IN ACTION ALSARHANI YAHYA 2 Why Study Accounting? What is Accounting? Who uses Accounting.

Lecture №8 Theme: Enterprise Activity. The plan: 1. Concept of business. 1. Concept of business. 2. Conditions and business principles. 2. Conditions.

Company profile Russia, Saint-Petersburg, Pl. Morskoy Slavy, 1. Telephone: +7 (812) |

LECTURE. PRODUCT QUALITY AND COMPETITIVENESS. PLAN OF THE LECTURE 1.The concept of quality products 2.The concept of competitive products.

22.1 Types of Businesses. Proprietorships A sole proprietorship, or proprietorship is a business owned and operated by a single person; it is the most.

-DEVELOP A LICENSING PROGRAM SEM II-2.07B. How to develop a licensing program 1. Perform nonmarketing activities.  May need an attorney for trademark.

Ch. 22 Section 1 Types of Businesses. Proprietorships # of businesses in America 73% -- sole proprietorships (single owned) 20% -- corporations 7% --

Define key term and example Application to business Analysis and evaluation key point. State 2 advantages of Nadir setting up a sole trader? (2) Setting.

THE ROLE OF GOVERNMENT & THE BUSINESS CYCLE CHAPTER 23, SECTIONS 1 & 2.

1-1 Human Resource Management: Gaining a Competitive Advantage HRM.

Group Leader : Albert Chau 周殷健 Group Members : Dicky Kwan Sam Cheung Tommy Poon Adam Yip.

Shareholders of the bank Licenses and certificates Joint-Stock Commercial “Aloqabank” was founded under the Resolution of the Cabinet of Ministers of the.

Canada Became Very Popular For Indian The Canada immigration consultants help in migrating to one of the largest economy. The migration benefit makes the.

Types of Businesses Chapter 22 Section 1 The American Labor Force Chapter 22 Section 2 Businesses in Our Economy Chapter 22 Section 3.

MODULE VI GLOBALIZATION / MNC/TNC EXIM Globalization is a process of interaction and integration among the people, companies, and governments of different.

Table 2. Role of social responsibility in preservation of the vital values of sociotechnical system [10] Liliya Korchevska et al. Social Responsibility.

THE “THREE” TYPES OF BUSINESS CHAPTER 22, SECTION 1.

FORMS OF BUSINESS OWNERSHIP PARTNERSHIPS PARTNERSHIPS –Unlimited Partnership –Limited Partnership CORPORATIONS CORPORATIONS –Private Limited Company –Public.

C. Financing a Small Business 4.00 Explain the fundamentals of financing a small business Discuss sources used in financing a small business.

SELECTING A TYPE OF OWNERSHIP

Company profile Russia, Saint-Petersburg, Pl. Morskoy Slavy, 1.

Forms of Business Organizations.

MKT 305 Human Resources Management Mishari Alnahedh

The Application of Legal Principles in Business

Bell Ringer Why is it important to save money?

Business Organizations

Lecture 7. Personnel planning

Outsourcing “A practice used by different companies to reduce costs by transferring portions of work to outside suppliers rather than completing it internally.”

Entry Strategy and Strategic Alliances Chapter 14

Types of Businesses Unit 1.

Chapter 8: Business Organizations Section 2

Forms of Business Organization

Types of Businesses Econ. Part 2, Lesson 3.

Why PHP Website Development? PHP web development becomes the top choice to build a website for any kind of businesses as it offers a high level of flexibility,

WHAT IS AN ECONOMY? Today’s presentation is on the economy. We are going to look at the different components that make up an economy.

Forms of Business Organization

Lecture was elaborated with the help of grant project of Ministry of Education, Youth and Sports, FRVŠ n „Innovation of Subject Financing of Building.

WHAT IS AN ECONOMY? Today’s presentation is on the economy. We are going to look at the different components that make up an economy.

Sole Proprietorships Sole proprietorships are the smallest form of business, and they are owned and operated by one person. Sole proprietorships are.

Presentation transcript:

Economy department Iana Kuznietsova Outsourcing Dilemma: Advantages of a Choice

Outsourcing is characterized as a way of optimization of expenses of the enterprise by transferring of not profile functions and business processes on the basis of the contract to the external specialized companies, who have highly skilled experts in corresponding area.

Advantages - aspiration to raise profitableness of business; -aspiration to increase an efficiency and decrease expenses for inessential activity; - improvement of quality and reliability of service; -diverse technical possibilities and high qualified of the personnel; -bringing into service of high technologies; -outsourcing company usually uses modern principles and forms of management.

Disadvantages : -level of professionalism of employees of outsourcing companies can appear to be insufficient for performance of works or rendering of services up to the mark; -insufficiency of levers of operating influence can lead to decrease an efficiency of processes and increase expenses at service; -presence of risks of infringement safety of property, safety and leak of data of confidential character, as a result of granting of unlimited access to documents, the data and material assets of the enterprise; - increase the time of making decisions in case of emergency.

Kinds of outsourcing IT - outsourcing Outsourcing of business processes Outsourcing in financial sphere Outsourcing of labor Offshore outsourcing Outsourcing of management by knowledge

At a choice of an outsourcer the organization should understand that the maximum benefit will be reached in that case when outsourcer carries out those functions which are entrusted to him by the organization. Therefore concluding the contract and signing the agreement on the guaranteed level of service, it is necessary to consider all details, namely: whether reputation and popularity of the service provider corresponds to its cost, whether it is reliable and whether it possesses necessary level of professionalism and how much contract conditions are flexible.