Updated on September 29, 2016
While they both have a similar theory in obtaining services from another source, in practice they are very different and have a significant difference in its impact on a country’s economy. Firstly, outsourcing is the process in which you obtain the services or goods from an external supplier. They may be within the same region or in a different region. In this process only a contract or delegation of goods or services is transferred. However, in the case of offshoring, it does not necessarily have to be a third party which is doing the function for you, but it may be a part of the parent company, albeit in a different region or geographical location.
Advantages of Offshoring
Offshoring allows one to maintain the functions within the jurisdiction and control of the parent company while still enjoying the reduced overhead costs of having it in the same region as the parent company. Large multinational corporations are moving their factories and manufacturing plants to the deserts of the Middle East or to remote corners of Asia to tap into the vast cheap labor base. These countries have also identified the benefits of having large corporations investing in infrastructure and the possibility of jobs and thus, are promoting their land through tax holidays, lax regulations and thus making it very attractive for companies to offshore. Just consider having call center consultants within the city limits of New York and having the same.
Or even lager consulting firm in the outskirts of India or China? This allows companies not only to tap into the large labor base, but also in to new markets through trade agreements with the governments. India, China and Brazil have a thriving market base which is very hard to tap into due to their local producers and regulations. Having an offshore factory in their shores makes this a lot easier to get around the tight regulations imposed on imports.
Disadvantages of Offshoring
While all those advantages persist for the company, the economy of the parent company suffers significantly. While outsourcing may be limited to the same region or even if it to a different region, no physical assets are transferred and no significant capital is thus removed from the country. With offshoring, significant capital is removed from the parent company, which usually tends to be from the USA and Europe and is moved to the Asia pacific region. While those nations develop through the foreign currency flowing in and jobs created, the parent country suffers. Managing both is in a form matter of principal as much as it is a financial decision and the government regulations are liable to control this.
Updated on June 28, 2017
The driving force and lifeblood of any business is its workplace and its employees that keep it running. Essentially, without the employees and the workplace provided to them to perform their work efficiently, the business would cease to exist. Therefore, the workplace itself should be created and modelled around the usability and accessibility of the employees in mind.
The employees in question should be provided with a comfortable as well as flexible work environment to carry out their duties in a way that does not cause discomfort or extreme fatigue. Therefore, the ideal office space should be designed with the employee in mind.
Office fit out services will undoubtedly come in handy in furnishing your office space of your company. These services will allow you to confidently rent out or purchase vacant office spaces and create an ideal and functional office space with the help of specifically designed features for your space.
Such a service can be received through the hiring of fit out contractors to complete the final touches of your office space. These contractors will discuss with you the ideal furnishing needs for your work space, so as to provide you with the most ideal furnishing solutions to suit your business.
When creating the perfect space, it would be best to have an open plan concept in mind to improve movability from one part of the space to another, to increase efficiency and minimize time wasted spent moving through cramped corridors and stairwells. To allow a more open flow to your space, opting for glass or similar see-through partitions will not only make your space appear larger, but will also be peasant to the eye and feel less cramped and restricted. Making your workplace feel spacious will improve the work environment and would benefit the employees psychologically in terms of helping them feel relaxed and stress-free in the workplace, instead of strained and tensed.
Amenities for employees, such as a pantry space for them to use, will allow them to stay refueled and energized throughout the day. Furnishing this space with essentials such as coffee machines, microwave ovens, and energy bars will enable employees to be less lethargic and tired during work hours, and remain efficient throughout.
Clean and spacious bathrooms are also a significant necessity for the employees. If a multistoried office space, bathrooms should be made available on each and every floor, for both men and women, so that access is always convenient. Steps should also be taken to ensure that these bathrooms are always maintained in a sanitary manner.
Posted on August 9, 2016
If you are someone who owns a luxury vehicle, then you are probably aware of the problems you might have in terms of maintaining such a luxury vehicle. It is most definitely not an easy task and it can become very hectic and tedious. Therefore, it is important that you read this article till the very end in order to get some insight into maintaining your luxury vehicle. There are many things that you have to keep in mind and there are small tips that you might not even remember. Therefore, this article aims to give you some tips and some advice on things to keep in mind when you make the decision to get a luxury vehicle and then maintain it. Here they are.
Take it to the company for maintenance
You can give your vehicle a regular wash at home, but when it comes to things like performance car tuning it is best that you take it to the company itself.
For an instance, if you own a Volkswagen, then it is best that you take it to the VW service centre Dubai without attempting anything on your own at home. These cars and vehicles are built in a particular way, that they need professional hands working on them. Therefore, apart from the regular car wash at home do not attempt to meddle with the vehicle on your own at home as this can be very detrimental to the vehicle.
Park it in a proper place
It is important that you park the vehicle in a proper place at all times. This is due to many reasons. For one, if you are going somewhere and you park it in a place that is not safe, because this is a luxury vehicle, you might attract robbers. They might take parts of the vehicle and it is very expensive to replace these parts. Therefore, ensure that you park it in a proper place. Further, do not park the vehicle in the sun. The rays of the sun can easily damage the paint of the vehicle and this will cost you a lot of money to repaint the vehicle.
Pump the correct fuel
There are many different types of fuel available. The percentages of the fuel vary and it is important that you pump the correct fuel. This is because; there is a certain way your luxury vehicle is built in. It might require the correct percentage of fuel. If you are not sure about what your vehicle needs, then consult someone who might know and get their advice before you pump the fuel.
Updated on December 19, 2017
All of us are unique in our own ways and it is important that we always focus on things that are important to our lives because those are the things in life that will make you happy. When you occupy yourself with all the things that will keep you happy, you will not have time to worry about the things in life that will make you unhappy.
The purpose of life
If you love doing something, that is the purpose of your life. You should never quit doing the things that you love because it is definitely a gift given to you and if you choose another field over the field that you are interested it, it will be a waste of talent and skills. If you interested about a topic and if you feel passionate about it, you should always try to spend your time doing it or you can always educate yourself more about. If you are interested about automobile and if you are having a holiday, the one place that you will find interesting is a place with cars. You can get yourself a Ferrari world ticket to experience a bit of your passion.
To be happy
If you don’t do what you love, you will not be happy. The main purpose of your life is to be happy with your life. The secret to a happy life is to do what you love and to follow your dreams. Most of us crave for a bit of adventure in our life and we crave to feel the adrenaline rush. If you are one of them, the best way to feel the maximum of the thrills is to get on with an overnight safari with your friends or family.
To experience the best
If you are engaged in something that doesn’t seem to excite you, you are wasting your time and you maybe even spending your money. You should think about the ways that will put a smile on your face or maybe things that will increase your heart rate. Whatever the things that you are interested in, you should always try to get the best experience from it.
If you have a bunch of friends that share the same interests as you do, you can have the best times of your life with the most important people in your life; your friends. When you are stuck doing the things you love, you will not have time to worry about the things that don’t matter. The time spend doing what you love with the people that you love isn’t time wasted.