Question

In: Finance

Discuss how information system outsourcing can provide the organization with both a business solution and asset...

Discuss how information system outsourcing can provide the organization with both a business solution and asset management.

Solutions

Expert Solution

Information system outsourcing can help the business organisation in cost cutting as well as it will also help in time saving by outsourcing all such information system which would save a lot of cost of the company and it would also mean to reduce of the workload.

It will provide a business solution of the company to focus on only those areas, which is important for growth and development and outsourcing all such routine works which is not that important for the company and also helping in cost cutting.

outsourcing will also lead to Asset Management because the business is outsourcing a significant chunk of its portfolio and it will help in management of asset because the company can diversify it's risk to another company and it will also only be responsible for the output so the company is able to switch its load and it is a better asset management technique by focusing on only those areas which are highly relevant for the growth and development and profit maximization for the company


Related Solutions

What are the risks and benefits of outsourcing? How can outsourcing strengthen a company's business model...
What are the risks and benefits of outsourcing? How can outsourcing strengthen a company's business model and increase its profitability ?
INTERNATIONAL BUSINESS. Can Brazil become a global competitor in the information technology outsourcing business?
INTERNATIONAL BUSINESS. Can Brazil become a global competitor in the information technology outsourcing business?
discuss the chalanges in implementing accounting information system (AIS) at any organization can you explain it...
discuss the chalanges in implementing accounting information system (AIS) at any organization can you explain it to me in points please?
Discuss the kind of organization that can be a corporation, small business or nonprofit organization. Please...
Discuss the kind of organization that can be a corporation, small business or nonprofit organization. Please research about the organization and discuss reasons of why you think that is good one for this project. Write 300 words. Add references if possible...
How an accounting information system like QuickBook can improve overall efficiency and effectiveness for an organization?
How an accounting information system like QuickBook can improve overall efficiency and effectiveness for an organization?
How can a damaged brain provide information about the normal system as it relates to language?
How can a damaged brain provide information about the normal system as it relates to language?
Discuss how your business or organizations within your field of study use both system and application...
Discuss how your business or organizations within your field of study use both system and application software. In your own words, explain the difference between the two and discuss whether there are constraints between using one type of system software with different application products. Illustrate your ideas with specific industry examples. field of study: Business management Please answer in 200 words.
Document the goals of and need for the system, and how the proposed system can help the organization
General InstructionsIn this project, you are going to work as a system analysts and perform various analysis & design activities for a new information system. To begin with, you identify an information system that you plan to design. Come up with a system that can be useful in your daily life, organization, or that you can sell to another company. Examples of systems include online order system,DeliverablesYou must submit a single document (professionally formatted) containing the followings:1) System descriptionDocument the...
Document the goals of and need for the system, and how the proposed system can help the organization
General InstructionsIn this project, you are going to work as a system analysts and perform various analysis & design activities for a new information system. To begin with, you identify an information system that you plan to design. Come up with a system that can be useful in your daily life, organization, or that you can sell to another company. Examples of systems include online order system,DeliverablesYou must submit a single document (professionally formatted) containing the followings:1) System descriptionDocument the...
Discuss the steps an organization can take to foster learning. Provide an example of each.
Discuss the steps an organization can take to foster learning. Provide an example of each.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT