Introdution To Management Case Study Example | Topics and Well Written Essays - 2500 words

Introdution To Management - Case Study Exampled with a profession opting for operating from another location more often these include low cost, higher quality, lower risk, lower employee turnover, higher profits, to bring about a change in the way business is done, etc. The name companys goals can be varied, and accordingly the goals and objectives of outsourced company are laid (Bangeman, 2005).Exactly for these reasons, Gail Lee, the managing director of Melbournes fashion retailer, Leethal Fashion Accessories, offshored some of its business to India this included creation of ready-to-wear garments based on Australian designs that were sent by Leethal Fashion Accessories and also imported jewelry to be sold in local departmental stores. Besides the reasons for this business offshoring, LFA had to face some issues with respect to receiving the completed products on time repayable to delay in transport. Other issues were caused due to language and cultural barriers, which sometim es lead to misinterpretations and misunderstanding in the business dealing. These issues lower the confidence of Australian entrepreneurs in Indian business systems yet, the huge deflexion in labour costs tends to outweigh losses caused by other issues (Hatch, 2006).Indian economy is diverse, and ranges from traditional village farming to modern manufacturing and run. The contribution of services sector is said to be the maximum to the growth of Indias economy, which indicates availability of surplus labour. Statistics indicate that major portion of the services is provided by the English-speaking educated raft in the field of Information Technology in the form of software services export (Rushton & Walker, 2007). Another major contributor to the economy is the lowly industry segment which plays a pivotal role in employment generation with low capital investment. Estimates indicate that over 18 million people are employed in this industrial segment (John, M.S, 2002). Cottage in dustries are mostly run by