Please, write a discussion post about the Topic/Statement below (500 words) Topic/Statement: An...

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Please, write a discussion post about the Topic/Statement below (500 words)
Topic/Statement: An essential issue in international business is determining which components to manufacture in-house and which to outsource to independent suppliers. Is outsourcing a good idea? Explain your answer in a persuasive way.
(2 or 3 Citations needed for this discussion post)
Citation sources (Please use any of the below citation sources for the initial discussion):
Benefits of Outsourcing XXXXXXXXXXRetrieved from: https:
www.flatworldsolutions.com/articles
enefits-of-outsourcing.php

O’Brian, B. (12 Fe
uary XXXXXXXXXXPros and Cons of Outsourcing your Manufacturing in the International Business Environment. Retrieved from: http:
www.tradeready.ca/2014/trade-takeaways/pros-cons-outsourcing-your-manufacturing-international-business

Brody, Richard G. Mary J. Miller, and Michael J. Rolleri. Outsourcing Income Tax Return to India: Legal, Ethical, and Professional Issues. The CPA Journal. 2009. http:
nysscpa.org/cpajournal/2004/1204/perspectives/p12.htm

Lach, Alex. 5 Facts About Overseas Outsourcing, Trend Continues to Grow as American Workers Suffer. Center for American Progress. 2012. http:
www.americanprogress.org/issues/labo
news/2012/07/09/11898/5-facts-about-overseas-outsourcing

Selvaggio, Lisa. Outsourcing Statistics: The Pros and Cons. Udemy
log. 2014. http:
www.udemy.com
log/outsourcing-statistics

BDC Entrepreneurs (2014, April 30). The pros and cons of outsourcing your production. Retrieved from http:
www.bdc.ca/en/articles-tools/operations/operational-efficiency/pages/outsourcing-pros-cons.aspx

Belcher, L.M XXXXXXXXXXWhy is outsourcing a good idea? Retrieved from http:
www.ehow.com/info_7742862_outsourcing-good-idea.html

Bram, T. (2012, June 4). Times when outsourcing is a good fit for your company. Retrieved from http:
www.investopedia.com/financial-edge/0612/times-when-outsourcing-is-a-good-fit-for-your-company.aspx

Pyper, Julia XXXXXXXXXXElon Musk’s Tesla picks Nevada to host battery gigafactory. Retrieved from Scientific American: http:
www.scientificamerican.com/article/elon-musk-s-tesla-picks-nevada-to-host-battery-gigafactory/

discussion-7-assignment-instructions-ronniel-espigul-qgil21mf.docx

Akash · Accepted Answer

Running Head: INTERNATIONAL ECONOMICS	1
INTERNATIONAL ECONOMICS 	`	2
INTERNATIONAL ECONOMICS
Table of Contents
Persuasive Discussion on “If Outsourcing is a Good Idea in International Business”	3
References	5
Persuasive Discussion on “If Outsourcing is a Good Idea in International Business”
Businesses wanting to operate on a global scale have a number of factors to consider and a number of issues to think about, for the successful execution of processes. One such aspect is manufacturing. As mentioned by Brody, Miller and Rolleri (2004), if an organization aims to establish itself on the world map of trade and business, then it has to consider all the dimensions of executing its business, rather than focusing only on the aspect of sales, promotion or hiring. If it is a product-based organization, then in order to render to it an authentic and customized impression in the market, manufacturing is very important.
However, manufacturing is a complex procedure, which might involve operating huge machineries, inculcation of rarely found raw materials and movement of the finished goods across a wide distribution channel, which includes huge transportation costs (Lach, 2012). Therefore,

Please, write a discussion post about the Topic/Statement below (500 words) Topic/Statement: An essential issue in international business is determining which components to manufacture in-house and...

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