Q1. Which Is The Best Example Of Outsourcing?
Answer: The right answer to the question “Which is the best example of outsourcing” is – A US shoe company opens a factory in China and hires Chinese workers to make shoes.
Which Is The Best Example Of Outsourcing? Answer Explained In Detail
The central question of the article is which is the best example of outsourcing? The answer is A US shoe company opens a factory in China and hires Chinese workers to make shoes. Now that you know the accurate answer to which is the best example of outsourcing. But don’t you want to know the reason behind choosing option 4 as the answer? Read this section carefully…..
What’s the main funda of global outsourcing? Outsourcing happens when a firm expands its units in foreign countries and recruits offshore staff. The key objective behind this is to ensure cost-effectiveness and raise productivity. Generally, employing domestic employees makes a company incur more labor costs. Thus, opening units in overpopulated countries like China and hiring Chinese workers would bring overall benefits.
Thus, a US shoe company opening a factory in China and hiring Chinese workers is the best example of outsourcing. Which is the best example of outsourcing? – Hence proved.
What Is Global Outsourcing?
To understand which is the best example of outsourcing, first, you need to know what is global outsourcing service. Contracting certain business processes to a third-party supplier is known as Business Process Outsourcing or Global Outsourcing. At present, the majority of Multinational Companies (MNCs) across the globe are relying on outsourcing to manage their business process.
With outsourcing, it is possible to give more time to the fundamental operations while upscaling productivity and controlling costs simultaneously. The difference between Sell and sale is easier to identify from the light of outsourcing. How many types of outsourcing are there? The main types of outsourcing are:
- Professional outsourcing
- IT outsourcing
- Business process outsourcing
- Manufacturing outsourcing and others
Why Do Companies Decide To Outsource?
I know you are fully aware of the answer to which is the best example of outsourcing. However, your understandability would refine more by knowing why do companies choose to outsource.
Here are some key reasons behind global outsourcing services that you should not miss:
- Eliminating unnecessary costs and decreasing overall expenditures
- Improving the quality of work
- Achieve business objectives within a short time frame.
- More focus on the core business process
- Fulfilling the capacity issues
- Operating business 24*7, 365*24
- The overall increase in net income
Is Global Outsourcing Good Or Bad?
Nearly 300,000 jobs are outsourced per annum by the US. This includes both small, medium, and large-scale companies. India is the favorite destination of the US when it comes to IT outsourcing. So can you understand how common outsourcing is in the US? However, it is difficult to say whether outsourcing is entirely good or bad as it is a mixture of both.
Both Small and large-scale companies of the US benefit from outsourcing to nearshore or offshore organizations. It is because outsourced services are significantly less expensive than in the United States. Also, if the services are outsourced in countries like China, India, etc., productivity would spike. On one hand, expenditure is getting controlled while the organizational outcomes are increasing on the other.
Oppositely, outsourcing leads to unemployment in the domestic market along with cutting-edge competition. It is evident that outsourcing is not only advantageous but also super painful from a broader perspective. Still, it remains the first choice for American multinational companies.
As a result, which is the best example of outsourcing in terms of the country? The answer is none other than the United States Of America.
What Are Some Examples Of Outsourcing Companies In The Real Word?
Which is the best example of outsourcing? If we take a broader look from the real world, there are millions of examples of outsourcing. We have picked up some top examples of outsourcing below:
|Google outsources for accessing the talent pools, solving capacity gaps, and lower costs.|
|Amazon||The main jobs that Amazon outsources to India and the Philippines are customer service, IT services, and technical support jobs.|
|Walmart||A majority of Walmart goods have manufacturing hubs in China.|
|Nike||Nike outsources the manufacturing of its footwear to different overseas manufacturing plants like China.|
|IBM||India is the largest spot for all the IT operations of IBM.|
Frequently Asked Questions
Q1. Which Is The Best Example Of Outsourcing Brainly?
Which is the best example of outsourcing brainly? – A US shoe company opens a factory in China and hires Chinese workers to make shoes.
Q1. After Outsourcing To Global Suppliers, __________ Is Not Simple
After outsourcing to global suppliers, back shoring is not simple. Once the outsourcing is completed, back shoring is relatively difficult. Hence, companies try to avoid this after the outsourcing is done.
Q3. What Is An Example Of Global Outsourcing?
One of the most prominent examples of global outsourcing is call center operations. Instead of making these services in-house, business process outsourcing (BPO) is done to reduce costs and improving capabilities.
Q4. Best Practices In Outsourcing Project Work Include All The Following Except?
Best practices in outsourcing project work include all the following except the no pressure and short-term outsourcing relationships.
Q5. Purchasing Power Parity Is Used To Compare The Gross Domestic Product Between Quizlet
The answer to “purchasing power parity is used to compare the Gross Domestic Product Between” is Countries. So it is PPP that enables economists to compare and contrast the GDP between different countries.
The Bottom Words
I hope “which is the best example of outsourcing” is clear to you. It’s true that outsourcing is a feasible option for organizational development, but it affects unemployment to a great extent. Here, I have explained both types of outsourcing and examples of outsourcing along with a detailed explanation of the question.
Having any doubts about outsourcing? Let us know ASAP in the comment area below so that we can solve your queries right away!
Saili Ganguly is a content developer both by passion and profession. She loves to travel, read extensively and observe whatever happening all around. Her favourite niches are technology, travel, health & fitness and beauty. She is an expert in creating SEO friendly content as well. At present she is working with a firm as a content executive.