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Essay / Research Paper Abstract
This is a 5 page paper that provides an overview of outsourcing trends. Recent opportunities in HR and IT outsourcing are explored. Bibliography lists 5 sources.
Page Count:
5 pages (~225 words per page)
File: KW60_KFoutsrc.doc
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Unformatted sample text from the term paper:
listed below. Citation styles constantly change, and these examples may not contain the most recent updates. IT and HR Outsourcing Trends , 2/2011 --for
more information on using this paper properly! In recent years, the increase in globalization across the world has led to the gradual reduction of barriers to international trade and
commerce. Increasingly, nations are adopting policies friendly to foreign direct investment in order to stimulate domestic economic growth by providing attractive conditions to mid and large-sized corporations from developed nations.
Within the context of those developed nations, this trend has manifested most obviously not just in multinational expansion, but also in the outsourcing of key jobs. While many decry the
trend of outsourcing as reducing the number of domestically available jobs, this concern is largely unfounded, as outsourcing typically only alters the job function required by domestic workers. Therefore, organizations
looking to secure a competitive advantage in increasingly globalized markets can often turn to outsourcing as a way to cut costs while retaining high quality services. Certain industries have been
more receptive to outsourcing than others. Accordingly, this paper will explore recent outsourcing trends and opportunities in the fields of information technology and human resources. This paragraph helps the
student explore the outsourcing opportunities that exist in information technology. One of the industries which has exhibited the most significant concentration of outsourcing is the information technology (IT) industry. This
trend stems out of the current economic situation. Recessionary factors have made competition different for "mid-market companies", which have neither the flexibility of small businesses, nor the credit or capital
clout of large corporations ("Virtualization", 2010). Therefore, these companies are increasingly seeking out ways to reduce their operating costs, in order to increase profit margins to remain solvent and competitive
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