You are the CEO of a domestic organization

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You are the CEO of a domestic organization. Shareholders require that you develop a plan to reduce costs and increase revenue, as your competitors are capturing a major share of the industry's market. There is the talk of outsourcing/offshoring the manufacturing operations to reduce costs and capital expenses. You have Identified the Gel Blaster, a product line in you Toy company which has been decided to outsource and you need to start the portion of the operation to conduct a comparative analysis. Your analysis will determine the feasibility of outsourcing/offshoring or engaging in international trade for this product line. Using the Internet, identify offshoring or outsourcing and explain the advantages with drawbacks that might occur of the decision to move forward with outsourcing the GEL BLASTER. The main reasons to outsource/offshore the manufacturing of the Gel Blasters are to reduce costs and gain a competitive advantage. There are risks associated with this type of move, but if a solid plan is in place, it is possible to minimize these risks. It is important to consider the impact on the community before making a final decision.

 

These are the Topics to analyze and have plan action for:

 

Competitive Advantage

 

Corporate Social Responsibility