Academic Writing

According to Michael Baye, the author of Managerial Economics and Business Strategy, “When an input has well-defined and measurable quality characteristics and requires specialized investments, the optimal procurement method is a contract. A contract reduces the likelihood of opportunistic behavior and underinvestment by creating a legal obligation between the firms. One disadvantage of a contract is that it increases a firm’s transaction costs, especially in a complex or unstable contracting environment” (Baye, Chapter 6, The Organization of the Firm, 2012, [url removed, login to view]).

Outsourcing is a form of contracting “used by different companies to reduce costs by transferring portions of work to outside suppliers rather than completing it internally” (Source: [url removed, login to view]). Often located overseas, this company provides services

In a short essay, discuss the primary advantages and disadvantages of obtaining inputs (raw materials; labor; services) through “outsourcing”. Your discussion should focus on a company not used in the textbook that relies on this method of procurement.

You can choose one of these outsourcing companies as focus of your discussion:


Citation APA Style

3-4 pages

Habilidades: Research Writing

Veja mais: writing strategy, writing organization, writing of outsourcing, writing form of essay, writing apa style, writing a legal contract, writing a contract, transaction focus, the style of academic writing, the advantages of academic writing, style of writing an academic essay, style of academic writing, p.o.p. materials, outsourcing suppliers companies, outsourcing suppliers, outsourcing services contract, outsourcing firms, outsourcing essay, outsourcing contract legal, outsourcing advantages and disadvantages, organization in writing, o outsourcing, legal writing services, legal outsourcing firms, legal outsourcing companies

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