International Journal of Business and Social Science

ISSN 2219-1933 (Print), 2219-6021 (Online) DOI: 10.30845/ijbss

 

GLOBAL TRENDS IN OFFSHORING AND OUTSOURCING
Nora Palugod, Paul A. Palugod

ABSTRACT
The rapid growth of offshoring and outsourcing has transformed the way businesses are managing their operations in this global world. This has brought considerable benefits as well as challenges and often political backlash. In this paper, we analyze the basic facts and trends surrounding the offshoring and outsourcing phenomenon. We attempt to understand the genesis and basic drivers behind offshoring and outsourcing. We examine market trends, the prospects for growth, and the operational models followed in offshoring and outsourcing. We analyze buyer trends and the geographic source of buyers and the location trends for offshoring.

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