Selecting a Locale for Global Outsourcing - 1087 Words

Selecting a Locale for Global Outsourcing Introduction: The process of globalization is changing the way that companies large and small must conduct business to survive. From external factors such as the international laws and widely varying domestic tax policies to internal changes to personnel or process, free trade policies are altering operational strategy, especially for small companies engaging in growth. One of the most determinant changes brought on by free trade and its gradual permeation of the developing world is the appeal of global outsourcing or off-shoring for growing American businesses. Outsourcing is the practice by which companies will employ agencies external to the company, and increasingly external even to the primary country of operation, in order to attain specialty services at a fee-per-service basis. Also important to the discussion, the concept of off-shoring will find a company expanding into a new international location by establishing a satellite base of operations within. Each strategy carries its own unique set of challenges and advantages. Part of our task as a growing company verging on its first venture of internationalization is to determine what balance of these strategies might best serve our interests. Factors in a Global Context: There are many global factors to consider that have been emergent with the spread of globalization. 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