Explain how outsourcing, offshoring, and foreign entities affect the operation of businesses in the United States. Under which management function (planning, organizing, leading, or controlling) would outsourcing and offshoring take place?

Your response must be at least 300 words in length.

Answer preview

Outsourcing, offshoring, and foreign entities are among the significant aspect of business operations. Outsourcing can be defined as a strategy that a company uses of contracting services from an external party. Further, Kehal (2006) elaborates that offshoring entails the setting up of businesses in other countries due to aspects like the availability of cheap labor. Moreover,…

 

(350 words)