The World Is Flat Mini Lesson

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  • 1. Amira Khemakhem 10-B

2. Offshoring Definition: manufacturing's version of outsourcing. 3. About Offshoring Describes the relocation by a company of a business process from one country to another (usually an operational process such as manufacturing, or supporting processes such as accounting). State governments employ offshoring. Substitution of a service from any foreign source for a service formally produced internally to the firm. In some cases, only imported services from subsidiaries or other closely related suppliers are included. 4. About Offshoring (cont.) Can be seen in the context of either production offshoring or services offshoring. After its succession in the World Trade Organization (also known as (WTO), in 2001, the Peoples Republic of China emerged as a prominent destination for offshoring. After technical progress in telecommunications improved the possibilities of trade in services, India became a country leading in this domain though many parts of the world are now emerging as offshore destinations. Economic logic is to reduce costs. The idea is that countries should freely trade items that cost the least for them to produce. 5. Sources on Offshoring Offshoring Outsourcing to Extreme fshoring104.htm Offshoring: The Next Industrial Revolution? alan-s-blinder/offshoring-the-next-industrial- revolution Offshoring 6. Supply-Chaining Definition: any sequence processes involved in the production of and distribution of a commodity. 7. About Supply-Chaining The system of organizations, people, technology, activities, information and resources involved in moving a product or service from supplier to customer. Transform natural resources, raw materials and components into a finished product that is delivered to the end customer. In sophisticated supply chain systems, used products may re-enter the supply chain at any point where residual value is recyclable. They link value chains. Begins with ecological and biological regulation of natural resources, followed by the human extraction of raw material, and includes several production links before moving on to several layers of storage facilities of ever- decreasing size and ever more remote locations, and finally reaching the consumer. 8. Sources on Supply-Chaining Supply chain Supply Chaining and a Flat World chain-management/supply-chaining-and-a- flat-world-can-scm-processes-be-outsourced- to-india.html Introduction to Supply Chain Management oduction/a/into_scm.htm 9. Insourcing Definition: the business practice of using current personnel or resourcing for new tasks or projects. 10. About Insourcing The opposite of outsourcing. Defined as the delegation of operations or jobs from production within a business to an internal entity that specializes in that operation. A business that is often made to maintain control of critical production or competencies. An alternate use of the term implies transferring jobs to within the country where the term is used, either by hiring local subcontractors or building a facility. Widely used in an area such as production to reduce costs of taxes, labor and transportation 11. Sources on Insourcing Insourcing Insourcing,,sid9_ gci1185946,00.html Outsourcing vs. Insourcing: Whats best for your Organization? cles/outsourcing-versus-insourcing.asp 12. In-forming Definition: to give or provide information. 13. About In-forming Search engines are used for in-forming, and are special sites on the World Wide Web intended to help people find information that are stored on other sites. Enables the search engines to work in many different ways, but must have three basic functions that they perform: must be able to search the internet using key words; must keep an index of the word it finds and where they found them; must allow people to look for words or a combination of words in the index. 14. Sources on In-forming In-Forming: Google, Yahoo!, MSN Web Search Google-Yahoo-Msn-Web-Search/171621 15. The Steroids Definition: personal digital devices. 16. About The Steroids They amplify and turbo-charge all other flatteners. Going to further empower all other forms of collaboration. 17. Sources on The SteroidsMandoforms and Personal Devices nal_devices.html Mobiles as Real Personal Devices guestarticle/78/Mobiles_as_Real_Personal_De vices_Shankar_Narayanan.html