Viewing papers 1-19 of 19 for information AND technology AND outsourcing AND risk AND a AND transaction AND cost AND and AND agency AND theory based AND perspective

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Information Technology Outsourcing Risk a Transaction Cost and Agency Theory-Based Perspective Thesis

… IT Outsourcing

This discussion is examined information technology outsourcing risk through a transaction cost and agency theory-based perspective. Information technology outsourcing and the outsourcing of other business processes is actually a $500 billion business. Transaction cost theory involves two precepts which are bounded rationality and opportunism. According to the authors bounded rationality is the failure of the mind to comprehend all of the information associated with a transaction. This creates a scenario in which transactions take place but there is some uncertainty associated with the process. Agency theory involves the process by which the relationship between agents and principles is managed. In the realm of IT outsourcing agency theory involves the idea that "each party in the relationship has their own profit motive, because the…. [read more]

Outsourcing Is a Business Strategy Essay

… The party having better information may try to exploit the other party and the issue may lead to problems such as market failure, information monopoly, and moral hazard. Since outsourcing agents may have better information about the advertising function than other parties may, they may attempt to exploit their clients, and the issue may lead to market failure after the contract has been signed.

To avoid the problem arising, a firm should contact and evaluate multiple outsourcing agents before entering into the agreement with one agent to enjoy the outsourcing contract.

The following discussion illustrates an example of outsourcing

Outsourcing of the Southwire Company Advertising Department

Southwire Company specialized in the fleet operation, and the firm enjoyed market advantages many years after its establishment However,…. [read more]

Change This Study Analyzes Outsourcing Dissertation

… There are a number of forms of outsourcing. The important forms of outsourcing are information technology outsourcing (ITO), business process outsourcing (BPO) and human resources outsourcing (HRO). The concept of outsourcing reveals a number of research steams. The idea of outsourcing is still unchanged due to scientific diversity. Basically outsourcing and mainly offshore outsourcing are known as noticeable strategies (Harland et al., 2005; Jahns et al., 2006; see also Paju, 2007). Idea of outsourcing makes cause of discrepancy between the researcher and practitioner. Primarily, the scholars (Domberger, 1998; Kern et al., 2002; Ring and Van De Ven, 1992) observe that outsourcing is a development and natural continuation to Williamson's (1975, 1979, and 1981) researches and others who work on contract and the transaction cost economics.…. [read more]

Delphi Study: Influence of Environmental Literature Review

… Green IT and energy costs

Although IT devices consume energy, you can use them to control energy, particularly electricity consumption.

You can use IT systems to take care of building management. For example, using movement sensors, thermostats can be adjusted, lights switched on and off, and computers switched off out of hours and reawakened for software upgrades.

One of the biggest challenges in reducing electricity consumption is ensuring that electricity users can monitor their own consumption. What gets measured gets managed -- once people are aware of their consumption, they can go about reducing it. This isn't yet common practice, even in data centers. But, with new smart metering technologies, organizations could monitor the electricity usage of individual departments. Departments could be charged for usage,…. [read more]

Globalization of Software Development Essay

… Globalization of Software Development

Global software development continues to be a disruptive innovation that is re-ordering every facet of the software industry and its value chain. From high-end enterprise software development of applications used within Fortune 1,000 corporations to the reliance start-up firms throughout the Silicon Valley and elsewhere have on Indian outsourcing firms for rapid prototyping, the globalization of software development is accelerating. Best practices in these areas is often defined by the adoption of quality management and compliance frameworks by both the outsourcer and client organization. Total Quality Management (TQM) and Six Sigma frameworks and methodologies are often used for ensuring application requirements are equally understood and implemented (DCosta, 2002). Software outsourcing is also growing exponentially due to its use for streamlining out-of-date…. [read more]

Outsourcing of Strategic Information Technology (IT) Term Paper

… Outsourcing of Strategic it

As the forces of globalization amounted, countries saw incremental opportunities of crossing geographic barriers and capitalizing on the comparative advantage of other global regions. The real life examples in this sense are countless, including the operation of Nike's manufacturing plants in third world countries or the Ford plants in Mexico. The decision to take work outside one's country and have it completed within another global region is called outsourcing and it is mostly based on financial considerations, as the foreign regions offer cost efficiencies.

While outsourcing is common in all sectors of the industry, it is mostly present in services, with Information Technology services occupying a leading position on the chart of the outsourced services. Two of the more favored outsourcing…. [read more]

Managing All Stakeholders Term Paper

… "The absorption of one company by another," Black's adds, "[with] the former losing its legal identity, and latter retaining its own name and identity and acquiring assets, liabilities, franchises, and powers of former, and absorbed company ceasing to exist as separate business entity" (p. 988).

In other cases, mergers and takeovers have appeared to be the result of opportunists looking for the quick profit; however, the consolidation of the highly complementary assets and resources of both of these giants will create some clear advantages for everyone concerned. Nevertheless, just as bigger may not mean better, merger may not mean advantage. In his chapter, "Technology Strategy: Collaborative Mode, V.K. Narayanan says that from a strategic viewpoint, collaborative mode is undertaken by firms when the economics of…. [read more]

Vendor Management IT Management Process Research Paper

… Vendor Management

IT management process under the Vendor management system is a recent trend used by various organizations. Many organizations are using this centralized program to control their staffing. According to research conducted on it services vendors, over 91% organizations are currently using the vendor management systems. This trend entails introducing it procurement process in organizations. However, the trend is facing numerous challenges because of the many resources required to adapt it. Evolution and introduction of VMS into corporations occurs because of the varying business environments experienced within the organizations. In recent decades when Vendor management programs took hold of vital business operations, the demand for it services increased. In this respect, VMS became a business approach that enhanced human resources by recruiting competent vendors…. [read more]

Crowdsourcing Techniques in Call Centers Dissertation

… [EXCERPT] . . . promising phenomenon that lends itself to call centers' ability to improve their own and their other business units' efficiency is the employment of crowdsourcing. Crowdsourcing is an online, distributed problem-solving and production model already in use by for-profit organizations such as Threadless, iStockphoto, and InnoCentive. Speculation in Weblogs and wisdom of crowds theory assumes a diverse crowd engaged in crowdsourcing labor. Crowdsourcing is the act of taking a job traditionally performed by a designated agent (usually an employee) and outsourcing it to an undefined, generally large group of people in the form of an open call. Furthermore, and as crowdsourcing is in some ways similar to open-source software production, prior research suggests that individuals in the crowd likely participate in crowdsourcing…. [read more]

Cloud Computing Research Proposal

… They're more alert than ever, and seek not those brands that offer only "a me to" approach to loyalty. Customers are demanding away from the norm, with ubiquity comes skepticism and constant comparisons which makes it difficult to impress consumers by offering more of the same. Cloud computing will allow companies to enhance their software. For example, Microsoft and Google have already got into the field of cloud computing but there are others like Amazon have just started to get a feel for it as seen below.

Large companies such as Microsoft and Google aren't the only ones getting attention from the surge in interest around cloud computing. RightScale, a startup that offers developer tools for setting up server clusters that run on Amazon Web…. [read more]

Role of Land Settlement Cooperative in the Kingdom of Thailand and Its Business Performance Term Paper

… Role of Land Settlement Cooperative in the Kingdom of Thailand and Its Business Performance

Prior to the Cooperative Crisis

Agriculture is a mark of civilization for the mankind.

It is beyond economy.

It is a part of our society, and a part of our culture." (Kittiampon)

Interview: Thailand...," 2000)

Cooperative Contentions

This researcher contends that in Thailand, an agricultural cooperative's business duties, when dealing with farmers may be divided into two primary scopes:

The first "scope" consists of the original idea founding the agricultural cooperative, focusing on money, in the realms of either savings or loans.

Another "scope," marketing needs to cover the dual aspects of marketing agricultural products, such as providing pertinent agricultural input to members and gathering members' products to resell.

The primary…. [read more]

South Korean & German Trade Show Industry Dissertation

… Trade Show Industry in Germany and South Korea

Trade as Marketing and Communication

Area of Study

Study Components

The History of Trade

History of Trade Shows

Patterns of Trade Shows

Marketing Theories

Trade Shows and Market Entry

Development of the Trade Show Industry

Contributions of the Trade Show Industry

Marketing Processes in the Trade Show Industry

Marketing Planning and Tactical Considerations in the Trade Show Industry

Qualitative vs. Quantitative Research

Data Analysis Plan


Security Issues of Online Communities Term Paper

… Security Issues of Online Communities

Online communities have emerged in recent years as a result of the rapid growth of the Internet, arousing intrigue in citizens, policy-makers and government officials. An online community is a group of people who interact in a virtual environment. They have a purpose, are supported by technology, and are guided by norms and policies. The problem with the term "online community" is that it often refers to a wide range of online activities, and has as a result, been subject to different definitions. Although online communities exist predominantly online, they vary depending on the software environment supporting them, purpose, size and duration of existence, culture of their members, and governance structure (Preece,, 2003). The characteristics of an online community…. [read more]

Supply Chain Management Hypothesis Thesis

… It requires the total dedication from organization within which it SCM implementation is being planned. SCM "expands the scope of the organization being managed beyond the enterprise level to include interorganizational relationships." (Strader et al., 1999)

Supply chain depends heavily on the relationships that organizations can develop and sustain through personal interactions and using the latest technology. Earlier studies in SCM focused on identifying the supply chain network (SCN) developed by organizations. Later, studies focused on supply chain demands, supply chain operation and information sharing. In the present organizational environment, competitive advantages are not just single company or organization-based. Rather, they are supply chain based. (Muralidharan et al., 2002)

There are many independent models within the SCM methodology. Each of these deserve discussion. Some of…. [read more]

H 1b Shortage Research Proposal

… H-1B Shortage

In today's society, knowledge and expertise are raw materials that are essential for companies and countries so that they can be more competitive. The economy is dependent on innovative companies and whether they can not only attract but also retain the talent that will provide them with the most benefit. This should re regardless of the citizenship or nationality of those talented individuals. The most unfortunate issue here, however, is that the United States immigration system makes doing this very challenging, and many U.S. firms are incapable of getting the people that they really need to keep the economy strong because of immigration requirements (Written testimony of William H. Gates Before the Committee on Science and Technology, United States House of Representatives, P…. [read more]

Assessing Financial Contributions of Sector Procurement Collaborative Multiple Chapters

… ¶ … Financial Contributions of Sector Procurement Collaboratives

The paradoxical nature of strategic sourcing, consortia-based procurement exchanges, and Sector Procurement Collaboratives are that from the standpoint of efficiency these buying consortia must strive to continually reduce costs and suppliers, yet on the other must remain flexible enough to respond to the needs of the customers they serve. In other words, a balance must in effect be achieved between efficiency and customer service. There are various ways in which to achieve this, as indicated by the literature.

From the customer service viewpoint, supply chain relationships have a significant effect upon both the perceived and actual effectiveness of collaborations. Generally, these relationships manifest themselves in the phenomena of trust and commitment, both of which entail elements of…. [read more]

Human Resources Change Management Plan Term Paper

… " Next stated in the work is the fact that "Unfortunately, the federal government's strategic human capital approaches are not yet well positioned to enable the needed transformation."

The GAO report stated that the challenges still faced are in "four key areas stated to be:


"Strategic Human Capital Planning"


"Results Oriented Organized Culture"

In the area of leadership the statement was to the effect that those agencies who are the top leaders need to make provision of the commitment and inspiration in addressing human capital and other interrelated issues in transformation. In the article "Strategic Human Capital Planning," the planning efforts toward the human capital within the organization need to be more "fully and demonstrably integrated with mission and critical program goals. The…. [read more]

Corporate Universities Investigation of Their Development Internationally in the Field Sector of Tourism Term Paper

… Corporate universities"-investigation of their development internationally in the field/sector of tourism.

In this paper, it will be discussed how corporate universities function internationally and otherwise. From there, their development process of tourism will be discussed and how it is affecting its organized culture. Going public will be addressed as an option in order to improve the development of tour. Finally, this paper will concluded the development has had many successes despite their slow start but will continue to defeat them.

Corporate universities fall under the direction of motivation by the following example, which helps them with the plans with the sector of tourism. "Corporate universities are created for different purposes. Some are developed to bring fresh life to the old training and development department. Others…. [read more]

Premium Aerotec How Can Premium Aerotec Gmbh Term Paper

… Premium AEROTEC

How Can Premium AEROTEC GmbH win BOEING as a major customer?

Why Premium AEROTEC wishes to attract Boeing as a major customer

Importance of winning Boeing as a major customer

Oligopolistic situation in aircraft manufacturing market

B2B relationship in general + High Tec B2B marketing / relations

Strategic Situation Analysis

INTERNAL Analysis: Premium AEROTEC and Competitors

Premium AEROTEC -- Strengths.

Premium AEROTEC -- Weaknesses

Spirit AeroSystems, Inc. -- Strengths

Spirit AeroSystems Inc. -- Weaknesses

Vought Aircraft Industries - Strengths

Vought Aircraft Industries -- Weaknesses

B.F. Goodrich -- Strengths

Goodrich -- Strengths

EXTERNAL ANALYSIS: Opportunities / Threats

Premium AEROTEC -- Opportunities

Premium AEROTEC -- Threats


Market Analysis

Sourcing Strategy of BOEING

Analysis of Boeing's Buying Center

Purchasing criteria of Boeing

Boeing Supplier Management,…. [read more]

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