Journal: An article on TechRadar.com questions how outsourcing affects small business.
November 17, 2015: An article on TechRadar.com questions how outsourcing affects small business. Have students read the article at http://www.techradar.com/us/news/world-of-tech/should-your-small-business-outsource-it–1309130 and answer the following class discussion questions:
(1) What are the important factors leading an SMB to outsource?
(2) What factors would lead an SMB to insource?
(3) What is a hybrid strategy and how would you determine the tasks to outsource or insource?
Solution Preview
Journal
Question 1
Several important factors may lead an SMB to outsource. A small business may outsource so that it can benefit from some of the services that are provided through such outsourcing. Through outsourcing an SMB may benefit from greater expertise which is associated with improved effectiveness and efficiency in the long-term (Grana, 2015).
(593 words)