Outsourcing is an appropriation of particular business operations to a professional foreign service provider. (Haugen, Musser, & Lovelace, 2009, p. 34) Most often then not, businesses and organizations have trouble handling all aspects of a business process privately or in this case, domestically, and need to seek professional assistance elsewhere. Additionally, some processes do not need permanent in-house professionals, allowing for outsourcing to be the cheaper alternative. Once a job or assignment is outsourced to a service provider, (often foreign) the service provider will then assume responsibility for carrying out the tasks and maintenance of the business/organization's assets.
Before undertaking outsourcing and incorporating it into a business, it is important to understand the advantages and disadvantages involved in outsourcing. Outsourcing offers a number of benefits to a business/organization. It could also pose complications if not outsourced to a suitable service provider. The most commonly outsourced streams of business include: IT outsourcing, Manufacturing, and technical/Customer Support.
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It is argued that while land tenure data can be instrumental in addressing land-related conflicts, much of the practical value is lost because of inconsistency of information and because information is not readily accessible, or cannot be combined to allow for greater depth of analysis. In practice, this means that policy-makers cannot make immediate use of the information that is available because additional time and expense are required either
Role of Technology in Corporate and Social Responsibility Insider trading. The insider trading case that has become most prominent is that against Raj Rajaratnam who ran the hedgefund Galleon Group, and was charged along with his co-defendant, Danielle Chiesi, a former consultant with New Castle Funds, LLC ("Insider Trading," 2010). Rajaratnam was convicted of 14 counts of insider trading, which makes this case the largest scheme concocted by a hedge fund
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