Comments on: My Experiences Outsourcing http://billdotson.com/2008/04/my-experiences-outsourcing/ Always Learning Something Mon, 19 Mar 2012 02:20:55 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Link Builder http://billdotson.com/2008/04/my-experiences-outsourcing/comment-page-1/#comment-31 Link Builder Tue, 15 Apr 2008 05:08:27 +0000 http://billdotson.com/2008/04/14/my-experiences-outsourcing/#comment-31 yes, outsourcing is definitely an important thing. But too much of a good thing is a bad thing =P it makes a lesser cost, but also removes available jobs in your country decrease.... But it still is helpful, which is why it was created : D yes, outsourcing is definitely an important thing. But too much of a good thing is a bad thing =P

it makes a lesser cost, but also removes available jobs in your country decrease…. But it still is helpful, which is why it was created : D

]]> By: Link Builder http://billdotson.com/2008/04/my-experiences-outsourcing/comment-page-1/#comment-30 Link Builder Tue, 15 Apr 2008 05:06:19 +0000 http://billdotson.com/2008/04/14/my-experiences-outsourcing/#comment-30 yes, outsourcing is definitely an important thing. But too much of a good thing is a bad thing =P yes, outsourcing is definitely an important thing. But too much of a good thing is a bad thing =P

]]> By: bethsaida http://billdotson.com/2008/04/my-experiences-outsourcing/comment-page-1/#comment-29 bethsaida Mon, 14 Apr 2008 20:00:12 +0000 http://billdotson.com/2008/04/14/my-experiences-outsourcing/#comment-29 In investing, it's best to diversify your portfolio rather than put all your money in one stock. By spreading your risk, you reduce your total risk. Why does diversification reduce risk? If the whole market goes down, you'll lose, no matter what you do. But if the market goes up while one company makes some serious mistakes, the rest of your portfolio may still do well, and you are not as vulnerable as you would have been had you put all your money into a single stock. In investing, it’s best to diversify your portfolio rather than put all your money in one stock. By spreading your risk, you reduce your total risk.

Why does diversification reduce risk? If the whole market goes down, you’ll lose, no matter what you do. But if the market goes up while one company makes some serious mistakes, the rest of your portfolio may still do well, and you are not as vulnerable as you would have been had you put all your money into a single stock.

]]> By: bethsaida http://billdotson.com/2008/04/my-experiences-outsourcing/comment-page-1/#comment-28 bethsaida Mon, 14 Apr 2008 19:59:03 +0000 http://billdotson.com/2008/04/14/my-experiences-outsourcing/#comment-28 Economies of scale save money when unit costs go down as volumes increase. External service providers can achieve economies of scale unavailable to individual firms when they combine the volumes of multiple companies. In manufacturing, for example, an external vendor may have a shop that specializes in a certain type of machining. The machinery represents a significant capital investment. If larger machines are more efficient, and if they can be used to produce any sort of parts for any customer, then this vendor may very well produce parts at a lower cost than a firm could by setting up such a shop internally. Economies of scale save money when unit costs go down as volumes increase. External service providers can achieve economies of scale unavailable to individual firms when they combine the volumes of multiple companies.

In manufacturing, for example, an external vendor may have a shop that specializes in a certain type of machining. The machinery represents a significant capital investment. If larger machines are more efficient, and if they can be used to produce any sort of parts for any customer, then this vendor may very well produce parts at a lower cost than a firm could by setting up such a shop internally.

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