Web Enable Technology and Companies Outsourcing Free Essay, Term Paper and Book Report
Web Enable Technology and Companies Outsourcing
The idea of outsourcing has its roots in the 'competitive advantage' theory propagated by Adam Smith in his book 'The Wealth of Nations' which was published in 1776. Over the years, the meaning of the term 'outsourcing' has undergone a sea change. This paper will determine to explain how web enabling technology has made it easier for companies to outsource some business functions and the positive and negative impacts of this trend on performance from a bottom line perspective
Web Enable Technology
What started off as the shifting of manufacturing to countries providing cheap labor during the Industrial Revolution, has taken on a new connotation in today's scenario. In a world where IT has become the backbone of businesses worldwide, 'outsourcing' is the process through which one company hands over part of its work to another company, making it responsible for the design and implementation of the business process under strict guidelines regarding requirements and specifications from the outsourcing company.
The key to this defi......
Word Count: 1564
Page Count: 6.2 (250 words a page / double spaced)
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