IDEAS home Printed from https://ideas.repec.org/a/vra/journl/v7y2018i3p101-108.html
   My bibliography  Save this article

Strategic Outsourcing Directions: Examples of Good Practice

Author

Listed:
  • Lyudmila Mihaylova

    ("Angel Kanchev" University of Ruse)

  • Emil Papazov

    (University of National and World Economy, Sofia)

Abstract

One of the main goals of an outsourcing strategy is to transform business organizations into entities that are highly flexible and adaptive to the changing business environment. This can be achieved by concentrating on the core business, as well as by entrusting tasks, activities or even whole functions to other specialized external companies. The article aims at analyzing of good practices concerning the implementation of outsourcing as a strategic tool in industrial enterprises, bearing in mind its three main directions: the business process, the information technology, and the knowledge process outsourcing. Due to outsourcing activities, organizations can benefit from lower investment risk, improved revenue structure and lower fixed costs.

Suggested Citation

  • Lyudmila Mihaylova & Emil Papazov, 2018. "Strategic Outsourcing Directions: Examples of Good Practice," Izvestia Journal of the Union of Scientists - Varna. Economic Sciences Series, Union of Scientists - Varna, Economic Sciences Section, vol. 7(3), pages 101-108, December.
    • Handle: RePEc:vra:journl:v:7:y:2018:i:3:p:101-108
    as

    Download full text from publisher

    File URL: http://www.su-varna.org/izdanij/2018/EconomicSciencesSeries_2018_3/101-108.pdf
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    industrial enterprises; outsourcing; strategic decisions; good practices;
    All these keywords.

    JEL classification:

    • A00 - General Economics and Teaching - - General - - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:vra:journl:v:7:y:2018:i:3:p:101-108. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Pavel Petrov (email available below). General contact details of provider: https://edirc.repec.org/data/uevecea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.