Outsourcing In Business Research Paper Example | Topics and Well Written Essays - 750 words

Outsourcing In Business - Research Paper Example The professional services industry, consisting of accountants, lawyers, advertisers, consultants, and the like is based on the concept of outsourcing. Even works such as cleaning, food services, and mailrooms are outsourced. Outsourcing through call centers have become the order of the day. In recent times, organizations have started outsourcing active back-office jobs, performing work as diversified as customer order processing, payroll, accounts receivables, and amounts payable through outside specialists. In fact, in the modern world, it would be difficult to find any organization that is doing every part of its operations by itself. Through outsourcing, companies try to cut down the operational costs of the product in order to bring down the operation cost. At the same time, outsourcing is resorted to bringing about more product innovation and efficiency in the service offerings to the customers. In fact, there are huge incentives to outsource. Outsourcing can reduce costs by almost 50-60%. There are huge opportunities for the companies to outsource. According to a report by IBM, the leading consulting firm, almost 50% of the $19 trillion expended by European firms on sales and administration could be gainfully outsourced. The report has further added that merely 8% had started outsourcing by early 2005. Peter Drucker, the legendary management consultant and self-proclaimed ‘social ecologist’ observe, â€Å"Do what you do best and outsource the rest.† The idea of finding people who can do something better, faster and cheaper than other dates back to the theory propounded by the classical econ omist Adam Smith.

Hooke's Law Lab Report Example | Topics and Well Written Essays - 250 words

Hooke's Law - Lab Report Example The tables, Table 1a,1b,1c,1d gave way for constructing a table for change in length as result of applied force for the 5 rubber bands. The tables 2A, 2b, 2c, 2d show that as the forces are increased so does the length of stretch increase. 12N force when applied causes more stretch than the rest of the force, for all the trials. The averages for the change in length caused by the forces were also calculated as shown in Table 3: Averages. These averages in length change were used to build Plotting table, Table 4, as a basis for producing a graph for the relationship. Graph 1 show that all the five rubbers did not exhibit a straight line when the change in length was plotted against force. Graph 2 shows that the relationship between average change in lengths and force does not produce a straight line. This is indicative of presence of outliers in the graph as shown by the dark straight line. The results indicate that despite increased changed in length as force is increased, rubber does not fully respect Hooke’s Law. The presence of outliers in graph indicates that rubber band does not respect the concept of Hooke’s law, â€Å"a graph of force against extension produces a straight line that passes through the origin† (Wilson & Hall, 2009). The inconsistency witnessed results from the nature of rubber’s elasticity, which makes it stress dependent and easily affected by temperature. Intuitively, any slight change in temperature might have interfered with the measurement. This implies that rubber band does not follow Hooke’s law because of the inconsistency in change in