However, if internal or local sources are not available, outsourcing can be an extremely useful tool that is beneficial to the success of a company by allowing it to grow and keep costs down. We will look at the evolution of a sterling silver direct marketing company called Silpada, established in 1997 by two mothers (Avon Products Inc., 2010; Silpada Canada 2011), and the amazing success it has had in its 14 year’s existence, largely as a result of outsourcing. The company was acquired by Avon in 2010 for a cost of $263 million (Articles Base, 2010).
The history of outsourcing as a practice is ancient and comprises the economic use of one’s core competencies by not trying to tackle all aspects of a business oneself (Handfield, 2006). Some of the earliest forms of outsourcing were for accounting and legal services as both disciplines are quite tech...
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...usiness and Society : Ethics and Responsibilities. (C. Edition, Ed.) McGraw-Hill Ryerson, Limited.
Silpada Canada. (2011). About Us. Retrieved February 20, 2012, from Silpada Canada: http://silpada.ca/public/aboutUs/index.jsf
Spoerri, M. (2012, January 27). Global Ethics Corner: Made in the USA: The Return of American Manufacturing. Global Ethics Corner (Weekly Multimedia Program). Carnegie Council for International Ethics. Retrieved February 22, 2012, from http://www.carnegiecouncil.org/resources/audio/data/000738
US State Department. (N.D.). FCPA Defined. Retrieved February 25, 2012, from FCPA Enforcement: http://www.fcpaenforcement.com/explained/explained.asp
Xinhua. (2012, February 21). Avon Bribery Scandal Bodes Poorly for Multinational Companies. Retrieved February 22, 2012, from Xinhuanet: http://news.xinhuanet.com/english/china/2012-02/21/c_131423535.htm
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