The Role of Outsourcing in Globalization Instructor: Submitted by Group 8: Prof. Howard Ross Ana Turco Mark Reichel Mihir Vasa Toni Angelov March 19, 2007 Outsourcing, Off shoring or Work force Globalization? Outsourcing is the relocation of jobs and processes to external providers regardless of the provider�s location. Outsourcing may be to national or international providers, whereas, the term Off shoring refers to the relocation of jobs and processes to any foreign country without distinguishing whether the provider is external or affiliated with the firm. Hence, off shoring means relocation of jobs and processes to countries such as India and China. In our paper, we will concentrate on the relocation of jobs and processes to international providers . Companies outsource one or more business processes and decision-making functions to external parties in order to achieve technological advances, cost reduction and improvements in productivity, among others. It started back in the early years of US History. The manufacture of Ameri......

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