StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

International business Wipro case - Essay Example

Cite this document
Summary
Companies now days depend on the production capabilities of other firms as way to streamline business process and reduce overall costs. Outsourcing has become a very popular business practice because it allows…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER96.6% of users find it useful
International business Wipro case
Read Text Preview

Extract of sample "International business Wipro case"

Download file to see previous pages

There is plenty of available labor for programmers and engineers at low cost in India. This paper provides the answers to three discussion questions. Outsourcing work has become a very popular business strategy in the 21st century. This business tendency began to manifest itself in the latter half of the 20th century. General Electric is a giant company that due to its size has become a bit static and its overhead and operating costs have been on the rise. In order to take corrective action to stop the rising cost from hurting the profitability of the company GE when it started doing business with Wipro in 1989 that the Indian based firm could served as valuable business allied and partner.

The company began to outsource a lot of its contracts to Wipro because the company could provide valuable technical assistance at fraction of the cost of doing the same tasks in house. By the late 1990’s the outsourcing of contracts to Indian companies help GE achieve $300 million in savings. These savings allowed to company to become more competitive since lower overall costs meant the company could offer more competitive prices. These types of outsourcing contracts help the US economy instead of hurting it.

The general public sometimes thinks that outsourcing is taking jobs away from American Citizens. I guess a simplistic view of the issue would anyone think that since companies such as GE eliminate labor requirements by outsourcing, but the truth of the matter is that outsourcing has saved millions of US jobs by allowing American firms to compete in the global marketplace. When a company out sources certain tasks it lowers its operating costs which enables firm to lower its overall cost structure so that companies such as GE can compete with foreign companies operating in developing nations.

Such process improvements allows the manager to fulfill the goal of maximizing shareholder’s wealth (Garrison & Noreen, 2003). As

...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“International business Wipro case Essay Example | Topics and Well Written Essays - 1000 words”, n.d.)
International business Wipro case Essay Example | Topics and Well Written Essays - 1000 words. Retrieved from https://studentshare.org/miscellaneous/1555509-international-business-wipro-case
(International Business Wipro Case Essay Example | Topics and Well Written Essays - 1000 Words)
International Business Wipro Case Essay Example | Topics and Well Written Essays - 1000 Words. https://studentshare.org/miscellaneous/1555509-international-business-wipro-case.
“International Business Wipro Case Essay Example | Topics and Well Written Essays - 1000 Words”, n.d. https://studentshare.org/miscellaneous/1555509-international-business-wipro-case.
  • Cited: 0 times

CHECK THESE SAMPLES OF International business Wipro case

Alternative Dispute Resolution

One case involved a publishing house that had a contractual agreement with a software development company.... By use of a practicing judge as the sole arbitrator, the two parties presented their interest in case settlement and the arbitrator found a common ground of settlement.... The two parties finally went public with their newfound settlement and the case was solved (WIPO web).... The case involved a family business whereby civil issues arose due to personal interests in the family business....
2 Pages (500 words) Case Study

Business Optimization via IoT - International Business Machine

The paper "Business Optimization via IoT - international business Machine " states that in the healthcare field, information and sensor connections present potentials for observing a patient's symptoms as well as to conduct in coincident and at a reasonably low price.... In the internet of things, a thing may be either a ranch animal containing a biochip transponder, an individual comprising of an implant to monitor the heart, an automobile having in-sensors to help the driver realize in case the pressure of the tires is low or any other artificial or natural object capable of being allocated an IP address....
11 Pages (2750 words) Case Study

Marketing Strategies of Cosmetics in an International Market

The case study 'Marketing Strategies of Cosmetics in an International Market' aims to provide a clear picture of the marketing strategies companies use and the challenges that they face when penetrating new global markets.... The listed questions are some of the questions that the case study presented in this paper aims to answer.... In this regard, companies rely on the diversification of functional groups of management to help in the collection of adequate data and information to enhance their survival in the competitive business environment Companies rely on the diversification of functional groups of management to help in the collection of adequate data and information to enhance their survival in the competitive business environment....
5 Pages (1250 words) Case Study

Chipotle case analysis

With its international expansion, having 17 locations out of the… ited States as of October 2014 and a highly dedicated field team that delivers nothing but quality with the apprentice team leaders, and response to customer's needs, CMG's success is definitely on an upward trajectory in terms of equity, client base, operating income and Chipotle's case Analysis al affiliation Do you think CMG is currently a successful company?... hat is CMG's business level strategy?...
2 Pages (500 words) Case Study

Hip to be square : disruption in the U.S. mobile payment market

The credit card company was founded in 1999 by a Silicon Valley entrepreneur known as Jack Dorsey and a together… The idea was born out of James McKelvey frustration due to the inability to accept credit cards in James's small business of selling high-end decorative glass faucets and home As a result Dorey, still a chairman at Twitter's Board of Directors started to think overtime on a simplified form of credit cards that was easier and easily adaptable to to low volume merchants without paying exorbitant prices being charged by big credit card institutions in operation such as PayPal....
10 Pages (2500 words) Case Study

International Marketing - The Harvey Nichols

This paper under the title "International Marketing - The Harvey Nichols" focuses on the fact that several business experts have in the past reaffirmed that organizations need to venture into international markets for them to develop their products into global brands.... Late last year, Harvey Nichols laid bare its plans of tapping into the impetus Qatari market by opening up a new store at the Doha Festival City Shopping Area in partnership with the Qatari business Group....
8 Pages (2000 words) Case Study

Infosys Limited

The purpose of this case study "Infosys Limited" is to analyze the position of the company called Infosys Technologies Ltd.... hellip; Software giants operating from India like TCS, wipro, Infosys, and Satyam Computers were all products of this era of changing global IT and consulting industry scenario....
6 Pages (1500 words) Case Study

International Business Law and Ethics

"international business Law and Ethics" paper examines the case in which the key corporate players, are Smith Pty Ltd.... hellip; The most likely scenario is that this would not make a difference in this case since it was not a determining factor for the actual loss of goods.... Two individuals are also involved in the case.... he primary legal violation in this case concerns violations of corporate intellectual property.... A secondary legal issue that occurred, in this case, was between Mr....
10 Pages (2500 words) Case Study
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us