This is one way to alleviate pressure from businesses workers, allowing them to do their personal job more efficiently. Outsourcing involves taking activities (whether they be things like networking or simply diverse aspects of support for a business) which were once self contained within the company and subcontracting them out to an organization which is not affiliated with the original business. This has become of huge importance to large businesses because it helps the business to run significantly more efficiently. Often this efficiency is directly drawn from monetary statistics. For a business to perform certain functions within itself may cost significantly more than if they were to hire an outsource provider who, for example, already owns all the equipment needed to do the job.
The employees have a lot of power in the company, being that they are investors and also customers. Furthermore, they represent the company. This order may be the best strategy, since if done well the investors won’t leave but possibly invest a little more. Since they are so fickle and hold so much power they can either be pacified and/or encouraged to invest more. Being the “worse of the lot” they will get the most attention.
Meanwhile, the two (2) specific forces in the external environmental that will have the most impact on my organization are competitive and technological changes. Competition motivates an individual to operate a business efficiently. Competition occurs when two or more businesses vie for the same resources or consumers. Competitive activities influence the ability of the business to earn reasonable profits, because competitors will continuously look for opportunities to gain an advantage over their rivals by convincing their customers that their goods, products or services is either better or less expensive than those of competitors. Competition benefits the entire nation because it forces all competitive businesses to make their products better or reasonably priced.
Capacity Planning and Control: Nestle A business organization is an entity that inputs capital and resources, processes them and gets an output – products and services. Any business invests much capital into R’n’D and marketing for studying the customers’ opinion because it is a priority for any business to satisfy its customers. The more satisfied the customers are the better off the business is. Thus both parties are well off – customers get what they pay for – quality, brand etc, company generates brand identity, high revenues and profit. The bad story in the case is that any business experiences difficulties on the way, no matter how popular the product is or how well it sells.
By hiring outsources the company can solve their problems. Nowadays, outsourcings become a trend and it is the common thing for organization to hire IT/IS outsource in managing the business and this is the way to run the business efficiently. In other case, almost the whole information management of the company is outsourced by other company. From planning until maintenance all is managed by outsource. (Margaret, 2007).
The loss of control over you management, where when you agreed to sign a contract, to outsourced certain part of your department, it’s more likely, you give the control of that department over the outsourced company. The outsourced company was not “under the same roof” as your company missions or visions. They will be more likely, to make profits from the services that they offer. As we know, hidden cost or charge is common, take note on this. Whatever service we subscribe, there will be hidden charges or cost.
This helps workers to find jobs that would otherwise have had never existed. To conclude, after contrasting the advantages and disadvantages of outsourcing outside of our border we can see that it poses threats and benefits to companies, workers, and the economy alike, however, I still believe that outsourcing outside of Canada is beneficial and should continue. The main reason for this being that since outsourcing hinders the economy at first but then aids it in the long run, it in the end stays the same. So if we take the economy out of the equation we’re left with many more advantages than disadvantages and there are many more companies and businesses that are being created, prospering, and growing allowing for more job openings for Canadian workers.
It seems that companies use outsourcing just as a money saving option and not for correct reasons liked improved quality or service. This is proved by the many examples of how the decision to outsource made corporations operations harder because of the many barriers that are involved with moving operations overseas. In conclusion the decision to outsource is a highly debated ethical topic because of whom it affects. There are valid disadvantages and advantages of outsourcing. In all outsourcing hurts more than it helps and the decision to outsource should be used only if it is entirely appropriate and just not to cut costs for a company.
In an increasingly competitive and rapid environment, greater attention is paid to customer relationships and existing satisfied customers. For companies, customer satisfaction is most effective way to differentiate from competitors and gain competitive advantage but it is also one of the key issues in their efforts towards improving quality. Satisfaction is most used as a predictor of future consumer purchases. Satisfied customers have a higher likelihood of repeating purchases in time, of recommending that others try the source of satisfaction and of becoming less receptive to the competitor’s
This strategy works for him in because it makes a lot of sense that competition would do these things for us. Companies competing for business must always try to undercut the opponent’s prices and costs, with this more choices will be created. Another example of Perryman’s use of the common sense rhetorical strategy is when he states, “The information and technology revolution of today, which I believe to be in its infancy, is creating a wider gap between the ‘haves’ and ‘have nots’ and is likely to eliminate or greatly reduce the need for many relatively unskilled occupation (and more than a few skilled ones) over the next few years” (2).