The global businesses in today�s networked world present several opportunities and challenges. While outsourcing/off shoring has come as an opportunity for businesses, big and small, there are several attendant challenges nonetheless. We shall briefly discuss these opportunities and challenges especially the cultural, political, and geo-economic challenges. There is little doubt that off shoring and outsourcing entails tremendous opportunities for international businesses. Even as there still goes on heated debate over loss of jobs in the developed countries, critics argue that both sides will benefit in terms of overall production and the number of jobs created (O�Brien, p.490). Out sourcing and off shoring are conceptually different. Off shoring is a strategic approach to IS/IT that involves �relocation of an organization�s business process (including production and manufacturing) to a lower cost location usually overseas� (O�Brien, p.489). Outsourcing, on the other hand is the purchase of goods and services from third party partners. The goods and services are prov......

Word Count: 2547
Page Count: 10.1 (250 words a page / double spaced)

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