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I need help creating a thesis and an outline on Is there evidence to support that the benefits of outsourcing and/or off-shore outsourcing outweigh the disadvantages. Prepare this assignment according
I need help creating a thesis and an outline on Is there evidence to support that the benefits of outsourcing and/or off-shore outsourcing outweigh the disadvantages. Prepare this assignment according to the guidelines found in the APA Style Guide. An abstract is required. Theoretical and empirical evidences are given for validating the hypothesis. 1. Introduction Diversity in trade relations with globalization has introduced various new business processes among which outsourcing is one of the most common term. Generally, outsourcing can be regarded as the “transfer of an internal service function to an outside vendor” (Benaud &. Bordeianu, 1998, p.3). Developed countries like United States of America, Great Britain are randomly using outsourcing techniques for reaping profits. Now in this respect the notion of offshore outsourcing also holds a significant importance. The process of offshore outsourcing generally refers to practice of outsourcing to the vendors in the foreign countries for extracting the advantage of wage arbitrage. The companies who engage in offshore outsourcing engage “the foreign suppliers to perform some or all business functions in a country other than the one where the product or service will be sold or consumed” (Ramanathan, 2009, p.16). China is a country which has developed itself as the hub of manufacturing offshore. Developing countries like India in recent times can be regarded as a nucleus of technology enabled services.