GEB 2011 Study Guide - Quiz Guide: Offshore Outsourcing, United Nations Conference On Trade And Development, Nearshoring
Document Summary
Offshoring reflects nothing less than a revolution in the tradability of services (unctad, 2004) Offshoring can be undertaken as a cost, resource or entrepreneurial strategy (unctad, 2004) Use offshoring as cost strategy, are relatively often farshoring and relocating competence exploring function. Use offshoring as cost, resource and entrepreneurial strategy and are relatively often nearshoring. Use offshoring as cost and resource strategy, are relatively often farshoring and relocating competence exploring functions. Is about shifting production of a good, service, or functional specialism (e. g. it) to an independent provider. In country as well as out of country. Outsourcing standardised business functions (e. g. payroll, it support, hr etc. ) Vertical investors, most important motive is reducing costs by obtaining cheaper factors of production, back office functions, etc. (barba-navaretti & venables, 2004) Horizontal integration is the process of a company increasing production of goods or services at the same part of the supply chain. A company may do this via internal expansion, acquisition or merger.
