Other
MNO2601 ASSIGNMENT 6 (EXAM) OCT /NOV 2022
- Course
- MNO2601
- Institution
- University Of South Africa (Unisa)
CLEAR AND PRECISE ANSWERS..... PASS GUARANTEED
[Show more]
4 reviews
By: edwinmashele • 1 year ago
By: vmmanyonimanyoni • 1 year ago
By: Kiddross • 2 year ago
By: maphangakd • 2 year ago
Content preview
MNO2601ASSIGNMENT 6
SEMESTER 2
2022
1.1. What is outsourcing?
, Outsourcing is a business practice in which a company hires a third-party to
perform tasks, handle operations or provide services for the company. The
practice of contracting out to a supplier work previously done within the
operation.
An example is when ABC Ltd order readily manufactured valves from an
external entity.
Question 1.2
In house outsourcing
The origins of any quality problems Supplier may have specialized
are usually easier to trace in-house knowledge and more experience,
and improvement can be more also may be motivated through
immediate but there can be some risk market pressures, but
of complacency. communication
more diffificult.
Can mean synchronized schedules Speed of response can be built into
which speeds throughput of materials the supply contract where
and information, but if the operation commercial pressures will encourage
has external customers, internal good performance, but there may be
customers may be low-priority. signifificant transport/delivery delays
Easier communications can help Late-delivery penalties in the supply
dependability, but, if the operation contract can encourage good
also has external customers, internal delivery performance, but
customers may receive low priority organizational barriers may inhibit in
communication
Closeness to the real needs of a Outsource suppliers may be larger
business can alert the in-house with wider capabilities than in-house
operation to required suppliers and have more ability to
changes, but the ability to respond respond to changes, but may
may be limited by the scale and scope have to balance conflflicting needs of
of internal operations different customers.
In-house operations do not have to Probably the main reason why
make the margin required by outside outsourcing is so popular.
suppliers so the business can capture Outsourced companies can achieve
the profifits which would otherwise be economies of scale and they are
given to the supplier, but relatively motivated to reduce their own costs
low volumes may mean that it is because it directly impacts on their
diffificult to gain economies of scale or profifits, but costs of communication
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through EFT, credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying this summary from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Regal00. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy this summary for R149,00. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
60434 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy summaries for 14 years now