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Understanding Outsourcing: A Theoretical Analysis of its Benefits and Risks to Businesses

Title: Understanding Outsourcing: A Theoretical Analysis of its Benefits and Risks to Businesses
Category: Business & Economy / Management
Details: Words: 8364 | Pages: 35.6 (approximately 235 words/page)


Understanding Outsourcing: A Theoretical Analysis of its Benefits and Risks to Businesses

Chapter 1 INTRODUCTION 1.1 Background Resources have long been the major concern of modern companies as they can underpin corporate strategic capability as well as create competences to ensure companies' survival and out-performance among their competitors (Johnson and Scholes, 1999). Due to increasingly fierce competition, allocation and utilization of corporate resources have not only been restricted in-house, but also gone beyond the individual company, which is known as outsourcing (Quinn and Hilmer, 1994; Lonsdale and Cox, 2000). As a new …showed first 75 words of 8364 total

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showed last 75 words of 8364 total…A. A. and Strickland, A. J. (1996), Strategic Management: concepts and cases, U.S.A.: Times Mirror Higher Education Group Timeline Encyclopedia (2004), [Internet], Available from <http://hungary.asinah.net/en/ wikipedia/1/19/1970s.html> [Accessed 17 June 2004] Van der Meer-Kooistra, J. and Vosselman, E. (2003), 'Management control of inter-firm transactional relationships: the case of industrial renovation and maintenance", Accounting, Organizations and Society, 25:1, pp51-77 Van Mieghem, J.A. (1999), "Coordinating investment, production, and subcontracting", Management Science, 45:7, pp954-971

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