Business Outsourcing Functions & Objectives †MyAssignmenthelp.com

Question: Discuss about the Business Outsourcing Functions And Objectives. Answer: Reflective writing This reflection is based on the learning I have gained from the execution of the previous assignments of this business research. I have executed this business research on the topic Outsourcing which is of much importance element of the dynamic business environment. I have conducted this business research for the attainment of the objectives of the course. I will discuss the skills and knowledge I have gained as well as important aspects which have contributed to my experience. I have assembled quality data by applying various methods of data collection available. These different methods of data collection have ensured that focus is on assembling quality and relevant data. From the assembled data, it has been analyzed that outsourcing is an important aspect for every organization as the organizations are outsourcing their business functions for different objectives (Jahyun Goo, 2009). I have knowledge of the importance of outsourcing and role played by outsourcing. I have analyzed that companies are using outsourcing for different reasons. Outsourcing decision is considered as a strategic decision as this directly affects the cost involved and control on the operations of the function outsourced. I have analyzed that outsourcing affects the performance of the business at large. Organisations of different sizes are preferring outsourcing as an effective approach for increasing effectiveness of the function. The decision regarding the use of outsourcing is de pendent on different factors. These factors are categories into advantages and disadvantages of outsourcing (Neuman, 2014). I have composed an objective for defining the goals which needed to be achieved from the execution of the research program. The objectives which I have defined in this research are an analysis of the concept of outsourcing, the role played and importance of outsourcing and advantages and disadvantages of outsourcing of the business functions. Information has been gathered on the basis of these objectives by applying different data collection methods (Hill, 2008). Objectives which I have defined have formed a base for defining the scope of the research program. Views of the different authors have been presented in the literature review section of the assignment for meeting the objectives set. The literature review discusses the aspects covered in the objective for forming a base for the topic of the research. Analysis has been done on the different methods of data collection for ensuring that the selection has been made of the most appropriate methods (Patricia Hardre, 2010). Outsourcing has been defined as a process where a function of the business is delegated to the external party with a motive to increase effectiveness and efficiency and reducing the cost involved in the function. I have analyzed that with the use of outsourcing businesses are capable of focusing on the core activities or functions of the business. I can define the term outsourcing on the basis of the knowledge I have gained as transferring the duties, roles and responsibilities related to a function to a third party or outside party for a certain amount. The positive impact of outsourcing can be seen on the increase in effectiveness of the core functions of the business and reducing the cost involved in the outsourced function. Businesses are moving towards the expansion of the area of operation which has affected the functioning of different functions of the business. For coping with this issue, businesses are using outsourcing (Ming-Chih Tsai, 2012). According to me, learning is essential for every individual as this learning process enhances the skills, knowledge, and experience gained. I personally believe that life is a learning process as one learns on every stage of the life. During the execution of each activity of the research, I have developed knowledge of different aspects of the research. The learning experience gained during this research program has prepared me for future prospects. I will be able to deal with the future events in a better manner by applying the knowledge and experience gained while execution of this research program. This experience is of great value as knowledge is an important asset which enhances the performance of the individual (Naber Wyatt, 2014). According to me, this learning process will be of great use for me as I have executed this program with my own efforts. I have prepared myself for performing the future roles assigned to me in a better manner. For the purpose of completion of the course, it is required to perform the activities in an effective manner. This business research has ensured that the expected outcomes of the business research are attained. This business research has formed a base which will guide the efforts in the right direction and complete the program in a better manner. As a professional, I will need to conduct research programs with a motive to develop knowledge or gather data related to a topic. This business research has helped in meeting the future needs of the professional life. Outsourcing is an important element and this research has contributed to my knowledge regarding this concept. This knowledge will be used for the issues or event of the general life (Dalley-Hewer, et. al., 2015). While the execution phase of the research program, I have divided the whole research program into different parts. These different activities or parts have helped me in performing the research successfully. A systematic approach has been followed throughout the research program for covering every aspect of the research. I have initiated the research program for assembling the quality data for maintaining the reliability of the data and presenting the views of the different authors. I have analyzed different sources of data collection. During the initiation of the data collection process, Knowledge of the outsourcing and different aspects related to outsourcing has been developed (Powers, et. al., 2016). This business research has enhanced my knowledge by contributing to the learning process. During the execution of the research program, I have analyzed various aspects related to the research. These aspects have helped in performing the research in a better manner. I have observed that while conducting a research, an individual need to collect data and arrange the data. Analysis of the data needs to be done for the purpose of drawing a conclusion on the basis of the analyzed data. This research has prepared me for performing the future research programs in a better manner. During the research program, knowledge has been developed regarding the role of ethics in the professional as well as personal life (O'Gara, 2014). I have initiated this research program in different parts for presenting the research data in a better manner by describing the different methods of data collection. In the assignment one of the research, data has been presented which is related to the topic. Assignment one has developed the knowledge of the outsourcing along with the benefits and challenges associated with the use of outsourcing in business. In the assignment two of this research, methods applied for data collection have been defined (Dalley-Hewer, et. al., 2015). This learning process which has been gained in this research has helped in the completion of the current program in a proper manner. I will use the knowledge gained for performing the events taking place in future in a better manner. This learning process has enhanced the quality of knowledge possessed (Barney Mackinlay, 2010). Thus, the key summary of the reflection is that this reflection has enhanced my experience which I will put to use in the future. I have learned regarding the different aspects of the business research topic which will form a base for the further activities or researches in the same area. I have learned the manner in which a research is conducted along with the importance of research. References Barney, K. Mackinlay, E. (2010). Creating Rainbows from Words and Transforming Understandings: Enhancing Student Learning through Reflective Writing in an Aboriginal Music Course.Teaching in Higher Education, 15(2), pp.161173. Dalley-Hewer, J., Opie, J. Knowles, N. (2015). A creative alternative to reflective writing: promoting skills of reflection through walking a labyrinth.Physiotherapy, 101, pp.e766e767. Hill, C. (2008). International Business: Competing in the Global Market Place. Strategic Management, 24(9). Jahyun Goo, R. K. (2009). The Role of Service Level Agreements in Relational Management of Information Technology Outsourcing: An Empirical Study. MIS Quarterly, 33(1), 119-145. Ming-Chih Tsai, K.-h. L. (2012). The dark side of logistics outsourcing Unraveling the potential risks leading to failed relationships. Transportation Research Part E: Logistics and Transportation Review, 48(1), 178-189. Naber, C. Wyatt, T. H. (2014). The effect of reflective writing interventions on the critical thinking skills and dispositions of baccalaureate nursing students. Nurse Education Today, 34(1), pp.6772. Neuman, L. (2014). Basics of Social Research. New York: Pearson. O'Gara, S. (2014). Writing a CPD article: a CPD article enhanced Shaun O'Gara's understanding of the process of writing a reflective account.Nursing Standard, 29(9), pp.6161. Patricia Hardre, M. C. (2010). Differential Effects of Web-Based and Paper-Based Administration of Questionnaire Research Instruments in Authentic Contexts-of-Use. Journal of Educational Computing Research, 42(1). Powers, E., Vance, M. Fleming, L. (2016). Teaching Reflective Writing Through Learning Communities: An Opportunity to Meet Student Needs and Improve Student-Faculty Relationships. Medical Science Educator, 26(1), pp.129133.