This topic contains a solution. Click here to go to the answer

Author Question: In one paragraph, explain why early outsourcing is often used for some parts of electronic commerce ... (Read 18 times)

brutforce

  • Hero Member
  • *****
  • Posts: 540
In one paragraph, explain why early outsourcing is often used for some parts of electronic commerce projects.

Question 2

In a paragraph or two, explain how intellectual capital (the accumulated mass of employees knowledge about the business and its processes) can be a factor in outsourcing decisions.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

lorealeza

  • Sr. Member
  • ****
  • Posts: 345
Answer to Question 1

In many electronic commerce projects, the company outsources the initial site design and development to launch the project quickly. The outsourcing team then trains the companys information systems professionals in the new technology before handing the operation of the site over to them. This approach is called early outsourcing. Because operating an electronic commerce site can rapidly become a source of competitive advantage for a company, it is best to have the companys own information systems people working closely with the outsourcing team and developing ideas for improvements as early as possible in the life of the project.

Answer to Question 2

Companies today recognize the value of the accumulated mass of employees knowledge about the business and its processes. The value of an organizations pool of this type of knowledge is called intellectual capital.
Although the value of intellectual capital is hard to measure and does not appear in the accounting records or financial statements, most companies today develop estimates of it and try to manage its growth.
The internal team should hold ultimate and complete responsibility for the electronic commerce initiative, from the setting of objectives to the final implementation and operation of the site. The internal team decides which parts of the project to outsource, to whom those parts are outsourced, and what consultants or partners the company needs to hire for the project. Consultants, outsourcing providers, and partners can be extremely important early in the project because they often develop skills and expertise in new technologies before most information systems professionals.




brutforce

  • Member
  • Posts: 540
Reply 2 on: Jul 7, 2018
Gracias!


laurnthompson

  • Member
  • Posts: 334
Reply 3 on: Yesterday
Excellent

 

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

Did you know?

Street names for barbiturates include reds, red devils, yellow jackets, blue heavens, Christmas trees, and rainbows. They are commonly referred to as downers.

Did you know?

Normal urine is sterile. It contains fluids, salts, and waste products. It is free of bacteria, viruses, and fungi.

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

Did you know?

Cyanide works by making the human body unable to use oxygen.

For a complete list of videos, visit our video library