Prostitution Is The World s Oldest Profession Essay

â€Å"Prostitution is said to be the world’s oldest profession. It is, indeed, a model of all professional work; the worker relinquishes control over himself†¦ in exchange for money. Because of this passivity it entails, this is a difficult and, for many, a distasteful role.† (Szasz) Prostitution is accompanied with criminalization and the stigma of impurity and danger. â€Å"The National Task Force on Prostitution suggests that over one million people in the US have worked as prostitutes (3).† (Toth) Through time it has been attempted to be eradicated from existence to no avail. The government has worked on behalf of society for its protection against an evil by placing laws that would terminate it. For centuries only the unfit aspects of prostitution have been brought to light while the benefits of the legalization of prostitution have been overlooked. The legalization of prostitution in society has many benefits that overshadow their opposition. It is fo r the greater good of society that prostitution came out of the shadows and be legalized. The practice of prostitution is considered a sin from a religious position. It is deemed as an immoral act that taints the institution of marriage and opposed the word of God by the sale of the body for sexual pleasure. In Canada, in order to preserve the institute of marriage passed a law which in turn discriminated against the â€Å"impure.† (Abrol) Additionally, it is associated as a crime that promotes human trafficking and involves violence.Show MoreRelatedProstitution : The World s Oldest Profession3535 Words   |  15 Pagesâ€Å"Writing is like Prostitution. First you do it for love, and then for a few close friends, and then for money.† People for the legalization of prostitution believe prostitution can create positive outcomes for numerous people. However, other people believe legalizing it will hurt more people than it would help. Therefore, many people believe legalizing prostitution will create numerous benefits, however, others believe legalizing prost itution will produce negative outcomes. Prostitution has been aroundRead MoreProstitution : The World s Oldest Profession895 Words   |  4 PagesProstitution, sometimes referred to as â€Å"the world’s oldest profession† (Henslin, pg. 54), is defined by James M. Henslin as â€Å"the renting of one’s body for sexual purposes† (pg. 54). This arrangement, though illegal and socially deviant in most parts of the world, exists universally in many different forms (pg. 54). As a matter of fact, types of prostitutes range greatly in variety from call girls – who are said to be â€Å"the elite of prostitutes† (pg. 58), to streetwalkers – â€Å"who have the lowest statusRead MoreThe World s Oldest Profession For Nothing1613 Words   |  7 Pagesâ€Å"Prostitution isn t inherently immoral, any more than running a company like Enron is inherently immoral. It s how you do it that counts. And the reality is that it will happen anyway. It s not called the world s oldest profession f or nothing. Why not make it, at the least, safe and productive?† -JEANNETTE ANGELL of A Wellness Perspective on Prostitution, Freedom, Religion, and More, Seek Wellness, Apr. 30, 2005. Prostitution, known as the world s oldest profession, and it exists everywhereRead MoreThe Legal Acceptance Of Prostitution1608 Words   |  7 PagesThe Legal Acceptance of Prostitution Prostitution is often called the oldest profession in the world. One of the First forms is scared prostitution supposedly practiced among Sumerians. In ancient sources (Herodotus, Thucydides) there are many traces of scared prostitution, starting perhaps with Babylon where each women had to reach once a year the sanctuary of Militia and have sex with a foreigner as a sign of hospitality for a symbolic price. Prostitution is the sale of sexual services (typicallyRead MoreProstitution Is A Single Right Definition For Prostitution1167 Words   |  5 PagesProstitution is something that has and always will be existent. It’s legal in many parts of the world and it has always been debated whether or not it should be legalized here in the US. There are many aspects to look when determining whether it is the right or wrong thing to legalize prostitution. But first we have define what exactly is prostitution. There’s not a single right definition for prostitution. We could look at the dictionary definition that’s the transfer of money for sexual activityRead MoreThe Moral Issues Of Prostitution1585 Words   |  7 Pageshistory, yet Mary was a prostitute. Is it time that the U. S. Department of Justice legalize the worlds oldest profession in America? Could economic, health and safety reasons outweigh the moral issues of prostitution in a society that is now taking stances o n issues that were once taboo? Prostitution in the United States has always had the moral stigma of being unacceptable in the eyes of its citizens, yet welcomed when prostitution has been used throughout our history to accomplish great thingsRead MoreShould Prostitution Be Legalized?1725 Words   |  7 PagesProstitution Should Be Legalized Some say prostitution is the world s oldest profession. Yet, only a small percentage of the world’s government allows it. The legalization of prostitution is a very controversial topic due to many people’s moral beliefs. Prostitutes all over the world are treated as outcasts. A reason for people to be against prostitution could be due to their religious beliefs, moral standpoints, or lack of knowledge over the subject. Many religions state that sex outside of marriageRead MoreAdvantages of Legalizing Prostitution1749 Words   |  7 PagesProstitution is known as the oldest profession and has been around for millenniums, dating back to Roman, Byzantine, Greek and Egyptian empires (Baldwin, 2004). The ancient cultures of those empires dealt with the needs of the group and consequently developed protocols for dealing with sexual relations that have propagated throughout time to the modern era. As a result, prostitution is prominent in society today. When analyzing the s ex trade, the factors of cultural precedence, philosophy, religionRead MorePro-Prostitution (The Advantages of Prostitution)1469 Words   |  6 PagesProstitution is the act or practice of engaging in sexual activities in the exchange of money (Dictionary.com). Prostitution is believed by many to be the world?s oldest profession with its roots tracing back to ancient times (Otchet). It is a common belief that prostitutes are only women, but the truth is that prostitutes are predominantly of the female gender. In today?s modern society prostitutes are frowned upon by society because they see it as being on the same category as drug addiction andRead MoreWhat is Prostitution?1838 Words   |  7 Pages According to the 2014 Merriam-Webster dictionary, prostitution is defined as â€Å"the act of having sex in exchange for money† (â€Å"Prostitution†). In the United States, the trafficking of sex sales has been illegal since the early 1900’s, with the exception of the 49th state, Alaska (Head). The trade was deemed unethical by the Women’s Christian Temperance Union, also credited with the ban of drug use and the elimination of alcohol in the 1920’s. Today, in all but two states, the buying and selling of

Globalisation Has Revolutionised International Business Essay

Critically examine how globalisation has revolutionised international business and evaluate impacts of this on changing view towards Corporate Social Responsibility. Introduction Globalisation has been a prevalent issue and a wide trending discussion topic. It is defined as, â€Å"a complex economic, political, cultural, and geographic process in which the mobility of capital, organisations, ideas, discourages, and peoples has taken on an increasingly global or transnational form.† (Moghadam, 1999, p. 376). This globalisation phenomenon has built the interrelationship between national markets and industries into worldwide arena. Thus, the trend towards global markets, global production and global competition has been occasioned by the interdependence growth between national economies (Brooks, Weatherston Wilkinson, 2004). Therefore, in consequence of emerging globalisation, it has impacted the international business organisations; the way international business operating the business practises has changed. The nature of macro-environment based on political, economic, technological, environmental and legal areas is required to be measured and analysed by business organisation, specifically for international firms in order to set the strategy and look for the opportunity and threat. One of the elements of globalisation changes is Corporate Social Responsibility (CSR). The concept of CSR nowadays is becoming more crucial as many international business organisations have beenShow MoreRelatedTeaching And Learning Of The 21st Century1098 Words   |  5 Pagescentury is not just about technology or skill for the global economy. Today teachers must be innovator, mentors, entrepreneurs, motivator, illuminators and catalysts. Supporting future-oriented learning and teaching – a New Zealand perspective Report has been prepared for the Ministry of Education in 2012. Hon Hekia Parata (2012) Ministry of New Zealand Education ensured in the introduction that â€Å"Current and emerging technologies play an important enabling role in creating new learning opportunitiesRead MoreThe Consequences of Globalization in Australia1293 Words   |  5 PagesWhat factors are involved and consequences of globalisation for Australia? Much discussion has been conducted on the topic of globalisation of the world of economy. Globalisation may be defined as the increasing economic and financial integration of economies on a global scale. Factors enabling globalisation include the change in technology which is the socialised knowledge of producing goods and services, as well as the reduction in the protection of the world economy such as the successive reductionRead MoreImpact Of Globalization On The Media2634 Words   |  11 Pagesthat the Globalisation of the media has increased our access to information about people and events around the world. However, during the process it has also shifted issues on what should or should not be in the public domain due to media ownership led by Western media corporations. The media shape is reconstructing itself, forming a singular global body playing an essential part in our democracy socially, politically, economically and culturally. Due to this, the effects of globalisation towardsRead MoreImpact Of Globalization On The Media2634 Words   |  11 Pagesthat the Globalisation of the media has increased our access to information about people and events around the world. 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Impact possible strategies 4.1 Porter`s genericRead MoreStarbucks Globalization And Globalization1816 Words   |  8 Pagesthem to hold the side of exploitation, modern slavery and deforestation. Starbucks has evolved and itself become an icon of globalisation, symbolising the role of corporations in combatting the consumerist society that is the West and exploiting the rest of the world, particularly the vulnerable and poverty stricken Global South. Thus, the contention of this essay is to highlight that the new globalised world has resulted in the exploitation of the Global South, in order to fulfil the consumeristRead MoreManagement Accounting Case Study2102 Words   |  9 PagesExecutive Summary Management accounting over the years has really emerged very significantly in the field of banking and finance. There are numerous objectives and significance that has been reflected in numerous literatures mentioning the primary strategic and management significance management accounting has brought to the table in the field of international finance. As mentioned by many academic and financial scholars, management accounting has today emerged as the most important financial tool whichRead MoreE-learning Essay1460 Words   |  6 PagesE-learning has come to dominate the strategic thinking of employers over the past decade in several countries. Only in recent years in India, there has been focus on e-learning, this is due to the recent development in MNC, BPO and IT concerns. This is widely seen due to the connected economy, become intangible and fast growing among organizations. Due to emerging MNC’s, globalisation has become one of the most important criteria to increase f lexibility of communications, and hence become vitalRead MoreTelevision And The Digital Age1777 Words   |  8 Pagestelevision was once an essential part of the social sphere, advancements in the internet has developed flexible Streaming Videos On-Demand services such as Netflix and Stan which displace some of the demand for cable and free television. The different temporalities of both mediums changes the way consumers use these services and thus transforms its relationship to public life. HISTORY OF TELEVISION Television has been an crucial part of the household since the 20th century, as a medium for traditionalRead MoreThe Future of Globalization5305 Words   |  22 Pagesof Globalization† What exactly is globalisation? Before I talk about the future of globalization it is first of all important to understand what it truly means. From my research on the topic I feel that the following definition by the IMF is the most accurate. They describe globalization as the â€Å"growing economic interdependence of countries worldwide through the increasing volume and a variety of cross-border transactions in goods and services and of international capital flows and also through the

Shakespeare’S The Merchant Of Venice Essay Paper Example For Students

Shakespeare’S The Merchant Of Venice Essay Paper Although Shakespeares The Merchant of Venice is considered a comedy, cruelty runs rampant throughout the entire text of the play. Most of the characters exhibit some form of cruel behavior toward one another, including Lancelot who is cruel to his father Gobbio when he runs into him on the street. He engages the old man in belittling word play because his father has very poor eyesight and cannot tell that he is actually speaking to his own son. Everyone is cruel to Shylock; in fact, he is viewed as the outsider and often referred to as the devil. Shylock is the Jewish moneylender who makes a huge profit by lending money with exorbitant interest rates to the Christian population of Venice. I will not touch on the theme of racism and prejudice in the play, but it is common knowledge that Jews were not seen in a positive light in Elizabethan England at the time when Shakespeare wrote The Merchant of Venice. Shylock hates the merchant Antonio in particular, for Antonio lends money to his fellow Christians without charging any interest on the loans, thus he takes away from Shylocks livelihood. I am going to center my discussion of the theme of cruelty to two of the characters in the play-Shylock and Portia. Although both characters are guilty of egregious and cruel acts, Portias cruel acts against Shylock are seen as more acceptable for a couple of reasons. One reason is that Portia is motivated by her love for Bassanio, and another reason is that Shylock is Jewish, and heartless in his own right. Therefore, it is more socially acceptable to be cruel to him. Love makes the difference between Portias scheming and Shylocks, between his litigation and hers, between his exercise of power and hers (Hobson, 201). In the beginning of the play, we find Portia lamenting about the situation her deceased father has created for her. By my troth, Nerissa, my little body is aweary of this great worldBut this reason is not in the fashion to choose me a husband. O, me, the word choose I may neither choose who I would nor refuse who I dislike. So is the will of a living daughter curbed by the will of a dead father (Act 1, Scene 2). He has willed it so that she may not marry anyone but the one suitor who picks correctly from three caskets, one casket is made of gold, one is made of silver and one is made of lead. The man who picks correctly will find a picture of Portia inside, and he will be the one to marry Portia. Portia is frustrated that she has absolutely no say in whom she will marry-she cannot refuse the suitor who chooses correctly. Another aspect of this cruel arrangement is that if a suitor does not choose correctly, he will be forever banned from marriage. He may not ever ask another woman to marry him, and he will die without an heir. Thus Portias dead father has left a cruel legacy involving his daughter and her suitors. It seems that Portia is lucky in this lottery however. Bassanio chooses correctly from the three caskets and is to marry Portia, and she is happy with the circumstance. This is when the couple learns of Bassanios friend Antonios plight. Antonio had borrowed money on behalf of Bassanio, promising to pay it back when his ships came into port with their cargoes. It seems that Antonios ships were shipwrecked, and he cannot pay back the bond held by the lender, Shylock. Shylock is very adamant about receiving his payment from the doomed Antonio, which calls for a pound of flesh, and therefore death, if the bond is forfeited. As I stated earlier, Shylock possesses a hatred for Antonio fueled by the fact that Antonio lends money without charging interest. I hate him for he is a Christian, but more for that in low simplicity he lends out money in gratis and brings down the rate of usance here with us in Venice. If I catch him once upon the hip, I will feed fat the ancient grudge I bear him ( Act 1, Scene 3, line 41). Portia tells her newly wedded husband to rush off to the aid if his friend, Antonio, before the marriage is consummated. It seems that Portia has a plan to disguise herself as a young lawyer and she will also go to help Antonio herself. When Shylock enters the Venetian court to ask for justice, the Duke reproaches him when he addresses Antonio-I am sorry for thee. Thou art come to answer a stony adversary, an inhuman wretch. Uncapable of pity, void and empty from any dram of mercy (Act IV, Scene 1, line 3). A little further in the scene the Duke further reproaches Shylock with Shylock, the world thinks, and I think so too, that thou but leadest this fashion of thy malice to the last hour of act, and then, tis thought, Thoult show thy mercy and remorse more strange than is thy strange apparent cruelty; and where thou now exacts the penalty, which is a pound of this poor merchants fleshWe all expect a gentle answer, Jew (Act IV, Scene 1, line 18). Portia furt her condemns Shylock when she is disguised as Balthazar, a young lawyer dispatched by the learned Bellario. She opines that Shylock should be merciful to Antonio because it is the right and Christian thing to do. She more or less tells Shylock that he is wrong because he is Jewish. Portia as Balthazar entreats him repeatedly to forget the bond and take the cash that is offered instead. Shylock adamantly refuses, and stubbornly appeals that he should be shown the same justice such as any other man with a forfeited bond would. He exclaims My deeds upon my head! I crave the law, The penalty and forfeiture of my bond (Act IV, Scene 1, line 213). Portia gives in and agrees with Shylock that he has a right to a pound of flesh at the expense of Antonio, but she then tells him that he cannot shed one drop of Antonios blood. Her cruelty towards Shylock intensifies at this point, because even after Shylock agrees to forgive the bond and take the money as payment, she tells Shylock not only wi ll the court not honor his bond, but that the court will persecute him for his attempt at Antonios life. Tarry, Jew. The law hath yet another hold on you. It is enacted in the laws of Venice, if it be proved against an alien that by direct or indirect attempts he seek the life of any citizen, the party gainst which he doth contrive shall seize one half of his goods; the other half comes to the privy coffer of the stateDown, therefore and beg the mercy of the Duke (Act IV, Scene 1, line 361). Antonio adds further insult to injury when he says that he doesnt want Shylocks money, but that his share should be given to Lorenzo, who married Shylocks daughter Jessica. When Jessica married Lorenzo, she willingly converted to Christianity. It is also demanded of Shylock that he immediately convert to Christianity, which is by far the cruelest act in the play. It is further decreed that upon Shylocks death, all of his possessions should be given to his son-in-law, Lorenzo. Portia has defeated Shylock with her clever and literal interpretation of the law. Shylocks life just drains away from him Nay, take my life and all, pardon not that. You take my house when you do take the prop that doth sustain my house; you do take my life when you take the means whereby I live (Act IV, Scene 1 line 390). Shylock agrees to the contract, but asks that he may leave the court as he has taken ill. Defeated, Shylock leaves the courtroom. .ucda5f6b95ffe090169df157a0d717065 , .ucda5f6b95ffe090169df157a0d717065 .postImageUrl , .ucda5f6b95ffe090169df157a0d717065 .centered-text-area { min-height: 80px; position: relative; } .ucda5f6b95ffe090169df157a0d717065 , .ucda5f6b95ffe090169df157a0d717065:hover , .ucda5f6b95ffe090169df157a0d717065:visited , .ucda5f6b95ffe090169df157a0d717065:active { border:0!important; } .ucda5f6b95ffe090169df157a0d717065 .clearfix:after { content: ""; display: table; clear: both; } .ucda5f6b95ffe090169df157a0d717065 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .ucda5f6b95ffe090169df157a0d717065:active , .ucda5f6b95ffe090169df157a0d717065:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .ucda5f6b95ffe090169df157a0d717065 .centered-text-area { width: 100%; position: relative ; } .ucda5f6b95ffe090169df157a0d717065 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .ucda5f6b95ffe090169df157a0d717065 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .ucda5f6b95ffe090169df157a0d717065 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .ucda5f6b95ffe090169df157a0d717065:hover .ctaButton { background-color: #34495E!important; } .ucda5f6b95ffe090169df157a0d717065 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .ucda5f6b95ffe090169df157a0d717065 .ucda5f6b95ffe090169df157a0d717065-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .ucda5f6b95ffe090169df157a0d717065:after { content: ""; display: block; clear: both; } READ: Technology 2 EssayIn the previous pages, I have attempted to discuss the theme of cruelty in The Merchant of Venice, paying particular attention to Portia and Shylock. Both characters have not only been the victims of cruel acts, but they have also dealt their fair share of cruelty to others. Portia is seen as a keen and intelligent woman who wielded cruelty in the name of love, specifically to help her new husbands best friend. Shylock is seen as cruel without reason other than the fact that he is not a Christian. Shakespeare Essays

Scope of Outsourcing in Business-Free-Samples-Myassignmentshelp.com

Question: Discuss about the Advantages and Disadvantages of Outsourcing Business Function. Answer: Introduction Outsourcing is defined as a work or a part of business function which is delegated to another entity or person by a company. It can involve delegation of a service or a part of a manufacturing process or any other aspect of a business(Yeboah, 2013). The processes or segments of work which are outsourced to a firm may be carried on the site, i.e. within the premises of the organisation, such as in case of heavy equipment handling ; or outside the business area according to the contracted conditions. The primary factor encouraging outsourcing is cost reduction and flexible terms (Pellicelli, 2012).It can involve simple processes such as packing of goods, transportation services or more complex aspects like manufacturing spare parts, handling of IT support, or marketing. Companies from diverse sectors like telecom, e commerce, transport companies, law firms, food chains, restaurants, and many others outsource some of their work to keep their costs under check while focussing on their ma in segment. The process of outsourcing has been gaining popularity with time, despite some of the uncertainties related to it. For example outsourcing companies may let down during tight schedules and any delay can result to be costly for a firm. There are many conservative organisations that prefer an integrated approach and refrain from outsourcing. With the help of research done, analyses have been made for business owners regarding pros and cons of outsourcing function in business.(Iqbal, 2013) Literature Review Outsourcing is fast becoming a regular feature for any business regardless of its size. Increasing number of organisations is choosing to outsource one or many parts of their work which has enabled them to utilise their manpower and expertise for their core task. It is emerging as a regular summit in the business community and has become a point of discussion for researchers(Kahrovi?, 2015). The need for outsourcing may arise due to a variety of factors which vary from business to business. The major motivating factors for outsourcing are time saving, cost efficiency, and business strategy of the company. Small or big businesses are motivated commonly due to the time and cost factors.(Anon., 2017) Any small or medium organisation are susceptible to cost fluctuations as they do not possess economies of scale , so they have to opt for outsourcing whenever a suppliers costs for a particular service is competitive and quicker than the current alternative. In todays connected economy, one cannot limit its scope to a small region, a company has to deploy strategic management skills which can help them to grow their business and outsourcing provides the most effective answer. By eliminating hiring of managerial personnel, a company can significantly reduce its fixed expenses (Sonfield, 2014).Even when outsourcing is being vastly adopted by many organisations, it must be deployed with caution as if an outsourcing job is not carried correctly, it may cause loss of face and even customer loyalties; therefore there is no assured success when a company outsources its tasks(Kremic, 2006). Sometimes heavy cost cutting results in cost escalations later on. Thus, research literature and academic theory has to be employed to review the scenario correctly, so that it can generate the desired results for companies and their products/services. Scope Of Outsourcing In Buisness People are getting more attracted in getting in house value added services along with strategic management due to which outsourcing has gained much popularity nowadays. Various service sectors like law firms, doctors, hospitals, colleges, etc. are adopting outsourcing for delegating works to others and maximise their use of expertise. Business sectors which provides outsourcing are IT firms that outsources its technical supports to other firms, labour contractors provides labour to factories and related firms, transportation companies provides transport to many companies, lawyers provides legal advice to the companies etc. In currier companys, lots of people are required as the parcels or product needs to be delivered in many areas, sometimes to other countries also(Bucki, 2017). Outsourcing its work to firms in other cities and countries reduces its cost of setting its firm in those areas and also provides efficiency in service. Call centres and computer based programming services a re outsourced by business companies to reduce costs. Human resource tasks are one of the functions which are also outsourced by large number of companies which provides employees benefit program and payroll function. In computer manufacturing firms, parts are purchased from another sources and then assembled. Outsourcing of components can provide cost reduction in parts which would otherwise prove expensive for the company to manufacture of its own along with reasons for higher quality purchase(Robe, 2017). IT department services which earlier were managed in house by self employed staff like Cloud computing, software designing, web designing, online shopping are few examples of IT services that are outsourced by the companies nowadays which provides them with the enhanced computer service tool along with better efficiency. Therefore it can be said that in some or the other way each business firms are depended on each other and has to outsource few of its function as it is not possi ble for a single owner or firm to be good at everything. (Pine, 2017) Objectives Of Outsourcing Companies utilize outsourcing function in order to reduce its time and money by delegating few of its work to others. Along with it there are many services like information provider service, labour, financial consultants, manufacturing parts, etc. which are provided through outsourcing.(Syluancia, 2009) Outsourcing benefits companies with constant growth along with improvement according to present scenario provided the outsourced firm is not outdated, and hence is essential part to keep the company in flow with todays market. Many companies outsource in order to release some of its internal function which can be utilized for further development of the company and also save time and energy.(Riley, 2010) With the growth of business, risks also rise and can sometimes prove to ruin the entire firm or the owner. In order to avoid its fallback on one person or entity, the risks are shared with the outsourcing firms and thus help in dividing concentration risks among them. The reasons behin d outsourcing are many and therefore it is sometimes adopted by firms without looking into its drawbacks which results in its failure. Thus in order to have successful outsourcing function in a business, all the advantages along with disadvantages must be keenly observed.(Kremic, 2006) Advantages Of Outsourcing In brief, advantages of outsourcing can be said as a tool which helps in freeing of cash, facilities, personnel, and time factor in business. Advantages of outsourcing can be various and to understand it precisely various theories have been provided by researchers to explain the uses and factors that are related while deciding upon an outsourcing function. (Konstantopoulos, 2014)Transaction Cost Economics is the theory in which decision regarding task to be outsourced is made. This theory assigns its execution function at the management phase and at change phase.(Bucki, 2017) The useful aspect of the theory is that it can be utilised for the selection of outsourcing convention, which sometimes proves to be complicated. Agency Theory is another theory in which company hires other company agency to perform particular part of work. This helps to reduce time of performing those works in a company and with the help of expertise agency, increases efficiency. For example, in big hotels, cle aning and delivery department is mostly done by outsourcing agencies and thus the hotel saves its energy and cost of hiring full time staff for it. By engaging more people, the work becomes completed faster. Economy of Information Theory is another important theory in which the company engages expert advisors in their management and with the help of their intellectual gets benefitted with enhanced management. Core Competencies Theory is another popular approach in academic literature which is related to utilizing technology in the firm. With its help company can outsource its work to online websites for technological guidance or advertising purpose which is very necessary in todays business(Shah, 2016). Again, sharing tangible and intangible materials is very necessary to overcome difficulties in smooth running of business. With the help of Social Exchange Theory, human interaction is created and inter-connectivity among business organisations is made which helps in sharing technolo gies and resources among each other. These are few among other theories which can justify the advantages of outsourcing in business.(Smith, 2012) In any business time is an important factor which requires to be given into the business and with the help of outsourcing, self liberty is developed which can be utilised for its core development. The risk sharing advantage gives moral support to the owners as it helps in sharing risks at appalling times, thus provides assurance of hold. It can also benefit in cost saving from taxes, labour cost, and reduction in cost of production. By outsourcing managerial part to professionals, efficiency increases along with scope of diversification and expansion of business. Company can also outsource to avoid government regulations by outsourcing legal advisors and hence saves taxes without breaking business moral code.(Niccolls, 2016) Disadvantages Of Outsourcing Disadvantages of outsourcing are also necessary to be looked at while implementing it in business without which the expected result may become unfavourable. Since it delegates its work to outer agencies and people outside the firm, it results in loosing owners control over few of its business parts. After delegation, the performance of the work is controlled by others and chances of its fall back become high if the delegated agency is suspicious. The most important disadvantage which lies in delegation of work is that sometimes the freelancers or external agencies gets motivated for their profits only.(Stevenson, 2009) It then reduces the overall quality of work or job as they are engaged with many firms and does not concentrate in enhancing quality. Outsourcing agencies can also cheat by making the delegating team sign contracts which are unfavourable. Mostly the documents are lengthy with fine prints, it affect the business delegators in getting ripped off. Another disadvantage out sourcing has that it might have hidden costs which are not made clear before handed and thus creates a fallback in business if not recognised properly while making decisions. Thus the management needs to tread cautiously before reading contracts and signing it to outsource functions to others(Riggins, 2017). Outsourcing increases security risks as personal data is often shared while outsourcing internal managerial areas which also lead in risking safekeeping of data. Few agencies or professionals do not maintain timeline and delays the work by not synchronising time schedules with the delegators and remains busy with other clients. Outsourcing business functions to other countries is another major problem which mostly results in loosing public morale and thus taken negatively in many countries. Along with it other disadvantage outsourcing has that it sometimes becomes very complex and lengthy and can consume lot of time and entails unnecessary time consumption. From the entire disad vantage mentioned in the research it is clearly understood that although need for outsourcing is increasing; the disadvantages related are also becoming well-known and should be taken into consideration to avoid fallback.(Mol, 2009) Conclusion Outsourcing has become core in todays business world and cannot be exempted. Although there are few companies who still believes in working under its own area and restricts outsourcing, but then the chances of their diversification and social engagements becomes less.(Slowik, 2016) With the growing competencies, it has been taken as a positive approach by researchers which can help business grow in shorter period of time. But then consequences are also important to be recognised to avoid adverse affects and hence require deep concentration. If outsourced with proper detection, benefits can be recognised and the proprietors are freed to reinvest their time and energy for other important functions in the business. With a team of skilled professionals, the work becomes more strategic and in flow along with cost control by reducing full time staff. Thus with the help of analysis, it can be concluded that outsourcing if done with caution can prove to be advantageous and is unavoidable fun ction of business. References Anon., 2017. 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