The Pros & Cons of In-House Versus Outsourced R&D (Research & Essay

The Pros & Cons of In-House Versus Outsourced R&D (Research & Development) Activity for Technology Firms - Essay Example The first section takes into account the various purposes and definitions of outsourcing as an activity. The primary reasons are explored in detail as to its evolution and factors influencing its security impacts on businesses. The next section outlines the various security issues that may arise in the outsourcing business and its various implications to the business and customer confidence. The primary focus is on secure outsourcing which acts to the safety of businesses and retains the faith and confidence in their services. It acts as a great tool to foster harmonies relationships and ensure business continuity for gaining competitive advantage. The need for state-of-the-art IT solutions worked out and innovations implemented with small losses, outsourcing may be the only way out. It will save from the nightmare of retraining employees (or even hiring new ones) and/or paying for re-equipment (Kenneth, 2007). Information strategy for any organization is purely based on their requirements to manage business and envelope operations into a system which would in turn effectively manage their resources and yield not only profits in the long run but satisfaction to its employees and customers (Laudon, 2002). Rich human capital: Outsourced software vendors produce ‘A’ level business and technological graduates from its most prestigious institutes like Institutes of Management and Institute of Technology. They possess extremely high talent in terms of fundamental knowledge and high level of skills due to their immense strength of aptitude and quantitative ability. The human capital has capability to take up entrepreneurship and make a difference to their economy (Checkland, 2003). Cost efficiency: In Outsourced software vendors, the costs of living and spending habits are quite less and thus the monetary policies are favorable for development at low costs. It makes it favorable for companies to outsource

Assignment Example | Topics and Well Written Essays - 250 words - 260

Assignment Example ns and behavior making them more prone to ADHD.† Furthermore, students who used social networking sites while studying scored 20% lower on tests and students who used social media had an average GPA of 3.06 versus non-users who had an average GPA of 3.82.† This clearly means that social media, especially Facebook distracts students in school when they should be more focused in academics. With so many games and applications, Facebook also distraught students by constantly sending them game and notification invites. It is clear that social media usage amongst teens is prevalent and needs to be stopped. Social media has been a deterrent factor for young adults because they lose concentration as depicted in the article. One of the most prominent issues in this realm is the idea of security. It is clear that the notion of privacy still haunts organizations. I think Facebook needs a proper protocols to stop notifications or a timer that will stop comments for a certain time. Moreover, Facebook lacks the adequate security protocols for users because it enables users information to be prevalent, which can cause child stalkers to target young victims. In today’s society, universities and employers continue to browse through Facebook profiles to gain a better understanding of their prospect employees. Undoubtedly, Facebook fails to stop the distractions that continue to plague young